Dana Noteholders Want $3.6M In Fees For Lawyers

Law360, New York (April 29, 2008, 12:00 AM EDT) -- Noteholders who helped finance Dana Corp.'s exit from Chapter 11 earlier this year have asked a bankruptcy court to approve a request by its lawyers for almost $3.6 million in legal fees.

The reorganized auto parts maker filed a brief Friday in the U.S. Bankruptcy Court for the Southern District of New York supporting the application by its ad hoc committee of noteholders.

Dana, which emerged from bankruptcy on Feb. 1, said the committee and its attorneys from New York-based Stroock & Stroock & Lavan LLP...
To view the full article, register now.