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DocLevi

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DocLevi

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Monday, 11/02/2015 12:31:04 PM

Monday, November 02, 2015 12:31:04 PM

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Judge Sounds Alarm On Ballooning Fees In Sabine Bankruptcy
By Jonathan Randles

Law360, New York (October 30, 2015, 8:52 PM ET) -- A New York bankruptcy judge on Friday pleaded with attorneys representing Sabine Oil & Gas Corp. and its creditors to reign in the fees that have been charged over the first two months of the company's Chapter 11, saying the costs are significant and not sustainable.

During a hearing in Manhattan, U.S. Bankruptcy Judge Shelley Chapman urged attorneys to get “leaner not meaner” after counsel for the debtor and its stakeholders bickered over costs related to an investigation of Sabine's ill-fated tie up Forest Oil Corp... http://www.law360.com/articles/721402/judge-sounds-alarm-on-ballooning-fees-in-sabine-bankruptcy

Owning shares or partnership units is not an endorsement of management to break the Sabbaths or to do any other unGodliness. I do not share in their sin or guilt and they mislead others on their own accord. I have no major stakes to influence any company.

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