Law Firm Reaps $2M Fees In Bally Bankruptcy

Law360, New York (January 4, 2008, 12:00 AM EST) -- The judge presiding over Bally Fitness' Chapter 11 case has signed off on the fee requests put forth by the numerous professionals who helped the fitness giant achieve a speedy bankruptcy exit, with debtor counsel Latham & Watkins raking in nearly $2 million for its efforts.

On Thursday, U.S. Bankruptcy Judge Burton Lifland fully granted the group's first and final request for compensation and reimbursement of expenses in the wake of Bally's short stint in bankruptcy.

“It is ordered that the applications are granted and are...
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