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In the battle of experts, who bears the cost? The answer to this question was given in a memorandum opinion issued by the U.S. Bankruptcy Court for the District of Delaware in the case In re Northwestern Corporation Chapter 11 . This opinion clearly sets forth a test for the formation of an equity committee and the fate as to whether or not the estate or unofficial committee should pay the costs of expert testimony.
May 27, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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