Howrey Firm’s Trustee Files Objection To Estate Professional Fee Requests

SAN FRANCISCO – The newly appointed Howrey LLP trustee filed an objection Nov. 15 to a $3.25 million fee and expense request by outgoing counsel and experts, saying he needs time to “fully analyze events leading to his appointment’’ and whether there is enough money in the estate to satisfy claims (In re Howrey LLP, Bankr. N.D. Calif., No. 11-31376).

Trustee Allan Diamond, with Diamond McCarthy LLP in Houston, in a preliminary limited objection filed in the U.S. Bankruptcy Court for the Northern District of California said it would be “premature and potentially detrimental to allow final compensation ...