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Citing Bad Faith, Oneida Objects To Fee Applications

Law360 (October 23, 2006, 12:00 AM EDT) -- Newly reorganized Oneida Ltd. has asked the bankruptcy court that oversaw its Chapter 11 case to reject requests for over $2 million in fees and expenses from a law firm, a financial advisor and an actuarial advisor.

The dispute stems from the appointment of an equity committee. The debtors say the equity committee used unsupported accusations of bad faith to get a seat at the bargaining table, which resulted in nothing but wasted resources.

If the court sides with Oneida, law firm Brown Rudnick Berlack Israels...
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