Mirant Attorneys Must Defend $365M In Fees
Mirant, a Georgia-based energy company, emerged from nearly three years of bankruptcy protection in January with $6 billion in equity and a 90% recovery for unsecured creditors.
The professionals responsible for the turnaround—attorneys, consultants and financial advisors—must now participate in a series of hearings to justify their million dollar paydays.
The fees themselves have not...
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