Weil Gotshal To Trim SGI Fee Request

Law360, New York (March 1, 2007, 12:00 AM EST) -- One of the last remaining disputes stemming from Silicon Graphics Inc.’s brief bankruptcy is on the road to resolution, after debtor counsel Weil Gotshal & Manges LLP agreed to trim down its final fee request following an objection by the U.S. Trustee and a hearing Thursday morning.

The amount by which Weil Gotshal will reduce its fees will not significantly reduce the approximately $4.2 million the firm had applied for to cover its work during Silicon Graphics’ 4-month-long bankruptcy. A large portion of the reduction will...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.