CIBC Continues To Dog Attys In Chem Rx Ch. 11

Law360, New York (November 19, 2010, 5:06 PM EST) -- The Canadian Imperial Bank of Commerce has thrown down another challenge to attorneys' fees in the Chem Rx Corp. bankruptcy, saying creditors' counsel White & Case LLP should be cut off from the debtor's money until later in the litigation.

White & Case represents the official committee of unsecured creditors, and in its August fee request asked for about $142,000, including a potentially unwarranted $24,000 for work connected with a committee investigation, CIBC said in an objection filed Thursday in the U.S. Bankruptcy Court for the...
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