Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Company, surpassing the rates charged by Weil, Gotshal & Manges in the Lehman Brothers case. Tribune, the Chicago-based newspaper publisher, filed for bankruptcy on December 8th. The company sought court approval to pay Sidley’s bankruptcy group $575 to $1,100 an hour [...]
Continue reading...Tuesday, December 16, 2008
New York State Attorney General Andrew Cuomo is to reopen 170 estates of deceased people, in order to reimburse heirs who were gouged by a greedy Brooklyn lawyer Louis Rosenthal. Rosenthal piled up millions of dollars in fees with the approval of his former law school pal, disgraced ex-Surrogate Court Judge Michael Feinberg. On December 4th, the state [...]
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Tuesday, December 30, 2008
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