The Latest On Lehman

Law360, New York (March 7, 2013, 5:02 PM EST) -- In a Chapter 11 case the size of Lehman Bros. Holdings Inc., it should come as no surprise that Judge James Peck of the United States Bankruptcy Court for the Southern District of New York would have to issue a ruling in connection with a dispute over professional fees. In fact, considering that the professional fees incurred during the Lehman cases exceeded $1.8 billion, one would have expected that the court would have needed to issue several opinions in connection with its oversight of Lehman's restructuring.

However, in an opinion[1] issued in February, Judge Peck observed that, instead, fees for estate...

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