Houston-based Lyondell Chemical is hoping that its yearlong Chapter 11 case is nearly over, after reaching a $450 million settlement with creditors this week. The Am Law Daily did some docket-digging to gauge law firm profits stemming from the pharmaceutical giant's bankruptcy court odyssey. So far, Cadwalader has secured itself the biggest slice of the pie.
February 18, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Houston-based Lyondell Chemical is hoping that its yearlong Chapter 11 case is nearly over after reaching a $450 million settlement with creditors early this week. The Am Law Daily did some docket-digging this afternoon to see how much firms have profited from the pharmaceutical giant’s bankruptcy court odyssey.
It turns out Lyondell has paid more than $58 million in fees and expenses to 10 firms through Aug. 31 of last year.
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