The assigned Trustee for the Northern Berkshire Health Care Bankruptcy case seeks to recover over $1 Million in attorney fees for the liquidation of assets of the estate. Although over $10 Million was collected in this case, there were over $35 million in secured debts. It begs the question of what parties are ultimately benefiting […]
Archives for December 2014
Court in Detroit Bankruptcy to Review Creditor Attorney Fees
In an unexpected decision, the United States Bankruptcy Court ruled it will review bankruptcy lawyer billings for two of Detroit’s major creditors – the Police and Fire Retirement System and the General Retirement System. The court made its decision finding that since the bankruptcy debtor, the City of Detroit, funds those pension plans, the city […]
