Fremont Ch. 11 Trustee Seeks New World Fee Probe

Law360, New York (September 3, 2010, 5:18 PM EDT) -- The U.S. trustee has asked for an investigation into fees requested by attorneys from Sonnenschein Nath & Rosenthal LLP and others in the bankruptcy of Fremont General Corp., saying the $1.6 million sought is $900,000 above recent estimates.

Assistant U.S. Trustee Frank M. Cadigan submitted a supplementary objection in the U.S. Bankruptcy Court for the Central District of California to the fees, noting that the party the lawyers represented, plan proponent New World Acquisition LLC, estimated its fee total at $700,000 as recently as April 21....
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