Borders Trustee Objects To Attys' Fees Again

Law360, New York (June 21, 2011, 4:52 PM EDT) -- The U.S. trustee overseeing Borders Group Inc.'s bankruptcy proceedings in New York objected again Monday to fees requested by Borders' attorneys at Kasowitz Benson Torres & Friedman LLP and by auditors, financial advisers and other professionals.

U.S. Trustee Tracy Hope Davis protested the most recent interim fees and expenses requested. The compensation requests, which total $7.1 million, come from Kasowitz  and 12 other firms, including auditors, real estate advisers, tax advisers and the company's corporate counsel, Baker & McKenzie LLP.

In her objection, Davis said professionals...
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