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A 5th U.S. Circuit Court of Appeals opinion that one former bankruptcy judge calls "scary" for lawyers requires Dallas-based Winstead to disgorge up to $500,000 in attorneys' fees the firm received for its work on the restructuring of a restaurant chain that filed for bankruptcy. The court concluded that the doctrine of equitable mootness did not apply to attorneys representing clients in a Chapter 11 bankruptcy.
September 08, 2008 at 12:00 AM
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