Law360, New York (February 09, 2009) -- A bankruptcy judge has denied Lazard Freres & Co. LLC a $3.25 million completion fee for its work for the unsecured creditors committee in Northwest Airlines Corp.'s Chapter 11 proceedings, writing that Lazard had not demonstrated that it played a vital role in the reorganization.
Judge Cecelia G. Morris of the U.S. Bankruptcy Court for the Southern District of New York handed down an opinion on Friday holding that awarding the completion fee would go...
