WSJcomBankruptcyBeat

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s investment-banking operation, The Wall Street Journal reports.

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

Following 11th-hour negotiations, lawyers representing the Revel Casino Hotel’s bankruptcy lender and unsecured creditors unveiled a settlement on a vigorously contested $125 million financing