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Recently, a few U.S. Trustees have sought to hire legal auditing firms to assist them with review of fee applications in certain large Chapter 11 cases, and charge the expense of hiring these legal auditing firms to the estate. Among the numerous questions this raises are: (1) Is such practice appropriate at all and, if so, (2) Who should bear the expense?
June 13, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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