News Topic: fees

Jonathan Nackstrand/AFP/Getty Images Saab Automobile AB’s assets have been sold to electric-vehicle group National Electric Vehicle Sweden, Driver’s Seat ... Read full article

By Jennifer Smith ... Read full article

Paul J. Richards/AFP/Getty Images More attorneys than ever are charging $1,000 an hour or more as the U.S. ... Read full article

Getty Images The Justice Department has grown increasingly restless with attorney fees—often exceeding $1,000 an hour—paid by companies going through a bankruptcy reorganization. ... Read full article

Creditors of Pemco World Air Services Inc. are demanding that the company’s majority owner, private equity firm Sun Capital Partners Inc., pay back two years’ worth of management fees. Read the DBR Small Cap article here . ... Read full article

Lawyers for the committee representing MF Global Holdings Ltd.’s unsecured creditors and another group of nearly 200 MF Global customers dubbed the commodity customer coalition have filed papers with the U.S. Bankruptcy Court in New York listing the names ... Read full article

This week, two sports agents received bankruptcy-related news, and the Dodgers fielded some new bidders. Also, Toni Braxton was hospitalized for lupus, and Nadya “Octomom” Suleman’s fertility doctor filed for bankruptcy. ... Read full article

Chapter 7 Fees Chapter 7′s typically take about three months from start to finish. Your lawyer would normally charge from $800.00 to $2000.00, depending on several factors such as how many people are filing, how much debt you have and what types of debt ... Read full article

This week on The Broke and the Beautiful, the company that hosted Michael Jackson’s memorial concert danced into administration. We also report on a TLC band member falling into bankruptcy and boy-band mogul Lou Pearlman’s bankruptcy trustee’s bad news ... Read full article

Lehman Brothers Holdings Inc. said recent settlements with a number of its far-flung foreign affiliates have put the failed investment bank on track to win approval of its plan to exit bankruptcy by the end of the year. Read the Daily Bankruptcy Review ... Read full article

The fees charged by the army of lawyers, accountants and consultants working on Lehman Brothers Holdings Inc.’s Chapter 11 case topped $1.36 billion last month as the estate paid $34 million in professional bills. Read the Daily Bankruptcy Review article ... Read full article

This week on The Broke and the Beautiful, creditors of the Los Angeles Dodgers seek to hire investment bankers, Lenny “Nails” Dysktra pleads not guilty to indecent-exposure charges, and a special-effects company fades to black for good. ... Read full article

EPA/Matt Campbell A bankruptcy judge ruled that Mercer Inc., a consulting firm employed to advise Borders Group Inc. ... Read full article

New York hedge-fund manager Centerbridge Credit Advisors LLC is objecting to Lehman Brothers Holdings Inc.’s liquidation plan, saying among other things that some of its claims are being treated less favorably than they should be. Read the Daily ... Read full article

Getty Images This week on The Broke and the Beautiful, Toni Braxton loses the blues in bankruptcy court, the Salahis crash the fashion section of the New York Times, and the L ... Read full article

Britain’s Supreme Court on Wednesday dismissed an appeal by units of Lehman Brothers Holdings Inc. and Bank of New York Mellon, a win for investors in a high-stakes legal dispute involving complex derivatives transactions that has divided courts on both ... Read full article

Getty Images The total professional bill for General Motors’ bankruptcy case topped $110 million, but for a company of that size, the charges are astonishingly low, said Lynn ... Read full article

Reuters This week in The Broke and the Beautiful, housewives both real and fictional are in bankruptcy court, the New York Times nails a profile on former slugger Lenny Dykst ... Read full article