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Unwanted disclosure: New Chapter 11 rules require law firms to reveal all their fees (access required)

New guidelines for paying bankruptcy lawyers in Chapter 11 cases contain an unwanted surprise. In big-ticket bankruptcy cases, law firms not only must provide fee schedules for their bankruptcy attorneys; they must provide their fee schedules for all firm practice groups over the previous 12-month period. The rules, issued by the United States Trustee Program for attorney ...

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