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Baker Botts Denied Fee Premium in New Gulf Ch. 11

By Dani Meyer (March 18, 2016, 2:56 PM EDT) -- A Delaware bankruptcy judge overseeing New Gulf Resources LLC's Chapter 11 proceedings refused Thursday to approve a portion of Baker Botts LLP's retention agreement that he said would allow the firm to seek reimbursement of expenses incurred in defending its fees from litigation....

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