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In a strongly worded order, federal New York Judge Jed Rakoff has barred MCI from making additional payments to the law, accounting and consulting firms guiding it through bankruptcy that have not been approved through the budgeting system set up by the court. The judge ordered MCI and the firms to file affidavits by today explaining why his budgeting procedure was not followed and justifying the expenses. The total amount under question exceeds $25 million.
December 06, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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