Law360, New York (September 9, 2013, 7:21 PM EDT) -- Bank of New York Mellon Corp. and other large creditors of Lehman Brothers Holdings Inc. on Monday defended $26 million in extra attorneys’ fees that went to Sheppard Mullin Richter & Hampton LLP and other firms under Lehman's bankruptcy plan, arguing they deserve the money despite complaints from the U.S. trustee.
A lawyer for the creditors defended a court order upholding the fee award at oral argument before U.S. District Judge Richard Sullivan in Manhattan federal court.
Dennis F. Dunne of Milbank Tweed Hadley & McCloy...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.