Lehman Brothers: District Court says no to payment of individual committee members’ professional fees

The District Court for the Southern District of New York in Lehman Brothers recently threw cold water on a growing body of cases that permit compensation of professional fees incurred by individual members of official committees of unsecured creditors.

Filed under:
USA, New York, Insolvency & Restructuring, Litigation, Perkins Coie LLP, Lehman Brothers, United States bankruptcy court, US District Court for the Southern District of New York
Authors:
David J. Gold
Location:
USA
Firm:
Perkins Coie LLP