A federal bankruptcy judge approved Thursday the payment of about $16 million in fees to attorneys and consultants trying to help Winn-Dixie Stores emerge from bankruptcy. The two law firms representing Winn-Dixie accounted for $2.9 million, with Skadden, Arps, Slate, Meagher & Flom receiving $1.93 million and Smith Hulsey & Busey, a Jacksonville, Fla., firm, receiving $985,065. In the past 52 weeks, Winn-Dixie's stock price has traded from a low of 3 cents a share to $1.36.
April 07, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal bankruptcy judge approved Thursday the payment of about $16 million in fees for attorneys and consultants trying to help Winn-Dixie Stores Inc. emerge from bankruptcy.
In a brief hearing, U.S. Bankruptcy Judge Jerry Funk approved the fees, most of which cover the final quarter of 2005.
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