Barclays Balks At Pachulski's Fee Request

Law360 (January 6, 2009, 12:00 AM EST) -- The debtor-in-possession financier for LandSource Communities Development LLC is protesting the most recent fee application brought by Pachulski Stang Ziehl & Jones LLP, arguing that the price tag submitted by the unsecured creditors' counsel exceeds the limit the DIP order set.

On Monday, Barclays filed a formal objection in the U.S. Bankruptcy Court for the District of Delaware to Pachulski’s fifth compensation and fee request, which asked for reimbursement of $119,720 in fees and $2,395.79 in expenses for the period from Oct. 1 through Oct. 31....
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.