Asarco Judge OKs Baker Botts' $6.5M In Fees

Law360, New York (May 11, 2007, 12:00 AM EDT) -- The bankruptcy court overseeing Asarco LLC’s Chapter 11 proceedings has granted an application by debtor counsel Baker Botts LLP that sought approval of almost $6.8 million in fees and expenses.

U.S. Bankruptcy Judge Richard S. Schmidt on Tuesday approved $6,532,097.25 in fees and $263,860.63 in expenses in connection with the more than 19,480 hours of work Baker Botts did for the bankrupt mining and smelting outfit between November 1, 2006 and February 28, 2007.

Baker Botts has already received almost $5 million of the $6.8 million,...
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