Tower Records' Creditors Object To Legal Fees

Law360, New York (May 22, 2007, 12:00 AM EDT) -- The professional fees in Tower Records’ ongoing bankruptcy continue to be a bone of contention to creditors, as the official committee of unsecured creditors objected to O’Melveny & Myers LLP’s fee application Monday.

In an objection filed in the U.S. Bankruptcy Court for the District of Delaware, Tower Records' unsecured creditors said they were troubled by O’Melveny’s request for over $290,000 in fees and expenses for services rendered in March 2007. The creditors said the high price tag was a result of a substantial number of...
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