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Wednesday, 07/04/2012 3:03:11 AM

Wednesday, July 04, 2012 3:03:11 AM

Post# of 731791
U.S. District Judge Lewis Kaplan reduces fees by 31% in Lehman case:

"We live in hard times,” Kaplan wrote in the order Friday. “A fee in excess of $82 million, reflecting about 2.18 times the notional reasonable value of the services rendered, even granting that some premium over the lodestar is appropriate, simply seems too much."

Hats off to Judge Lewis Kaplan. Maybe Judge Walrath could take note!

http://www.jdjournal.com/2012/07/03/fees-reduced-in-lehman-brothers-case/
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