Attorneys' Fees Eyed At Supreme Court Hearing

Law360, New York (January 17, 2007, 12:00 AM EST) -- In a case that can have major implications over who pays bankruptcy attorneys’ fees, the U.S. Supreme Court heard arguments Tuesday on whether creditors can recover attorneys’ fees in federal bankruptcy cases.

Oral arguments were held Tuesday with lawyers for Travelers Casualty & Surety Co., which is a division of St. Paul Travelers Co., and Pacific Gas & Electric Company. As part of an agreement to issue a $100 million bond for PG&E after it filed for bankruptcy in April 2001, PG&E also agreed to pay...
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