Detroit City Council has voiced concerns over the attorney fees the City is paying in its bankruptcy. The bankruptcy attorney fees recently increased and Detroit is responsible for paying the bill no matter the results. Detroit Councilmen Saunteel Jenkins and Ken Cockrel took a tempered approach by offering that if the bankruptcy produces certain results, […]
Archives for October 2013
Detroit Bankruptcy News: Bankruptcy Consultant Fees Soar
News out of the City of Detroit’s bankruptcy filing is that attorney fees are skyrocketing. U.S. Bankruptcy Judge Steven Rhodes, on whose docket the matter sits, has been known to be harsh on attorney fees for consumer bankruptcy attorneys. It will be interesting to see his take on attorneys working for a government organization. The […]
Detroit Bankruptcy News: Deposition for Governor Set for Oct. 9th
Governor Rick Snyder will testify under oath at a deposition that has been set for October 9th. The testimony will be limited to the decision making for the City of Detroit’s bankruptcy filing. The Treasurer of the State of Michigan will also testify regarding the City of Detroit’s bankruptcy filing. It will be interesting to […]
