A California State Bar group is divided over whether to limit a test of new legal service delivery models to organizations that serve low-income residents or broaden the experiment to a wide range of businesses.
Cosi Inc. convinced a court to dismiss its Chapter 11 case, allowing the fast-casual restaurant chain to apply for a new, federal relief program for the restaurant industry that’s largely unavailable to bankrupt companies.
One phone call with the DOJ: $2,300. Two days at the Ritz-Carlton: $830. A cab ride to and from the court in White Plains—that’ll be $1,000. Those are just some of the almost $400 million of fees and expenses racked up by professionals working the bankruptcy of Purdue Pharma LP.