Professional Fees in Corporate Bankruptcies: Data, Analysis, and Evaluation

by Lynn M. LoPucki and Joseph W. Doherty

Bankrupt Enron paid more than a billion dollars in cash to bankruptcy lawyers, financial advisors, and other bankruptcy professionals. The managers of Enron, like those of most bankrupt companies, paid the professionals with other peoples' money - money that would otherwise have gone to creditors, employees, shareholders, or to saving the companies. To prevent excessive payments, the bankruptcy code and rules establish an elaborate system for public...

• Format: Hardcover
• Language: English
• ISBN: 0195337727
• ISBN13: 9780195337723
• Release Date: April 2011
• Publisher: Oxford University Press, USA
• Length: 336 Pages
• Weight: 1.42 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"