We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

All American's Trustee, Creditors Oppose Fee Request

Law360 (October 8, 2007, 12:00 AM EDT) -- The U.S. trustee overseeing the Chapter 11 proceedings of bankrupt All American Semiconductor Inc. and the company’s creditors have both objected to a fee request by All American’s financial adviser and investment banker, Raymond James & Associates Inc.

In objections filed Friday in the U.S. Bankruptcy Court for the Southern District of Florida, Acting U.S. Trustee Donald Walton and All American’s official committee of unsecured creditors opposed a $500,000 “successful business combination transaction fee” requested by Raymond James in its final fee application submitted in August....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.