JPMorgan, Trustee Object To Dewey Bankruptcy Fee Claims

Law360, New York (January 18, 2013, 3:29 PM EST) -- JPMorgan Chase Bank NA and the U.S. trustee on Thursday argued that professional firms seeking more than $10 million for their work in the Dewey & LeBoeuf LLP bankruptcy are charging too much, telling a New York bankruptcy judge that some claims should be trimmed.

JPMorgan contends that the proposed amounts exceed the bankruptcy budget, while the trustee says luxury hotel stays and thousands spent on dining mean some of the claims should be reduced. On the same day, the official committee of unsecured creditors filed...
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