CKX Unit Loses Bid To Pay Lawyers, Accountants

Law360, New York (May 11, 2010, 4:35 PM EDT) -- A bankrupt unit of entertainment licensing firm CKX Inc. will be barred from retaining and paying accountants, attorneys and other professionals without going through fee application processes as its Chapter 11 case unfolds, a judge has ruled.

Real estate firm FX Luxury Las Vegas I LLC will not be able to continue paying attorneys to litigate other lawsuits involving the company or accountants helping it with tax issues, Judge Bruce A. Markell of the the U.S. Bankruptcy Court for the District of Nevada ordered Monday....
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