Professional fees associated with business bankruptcies have often been a source of interest and controversy. A recently completed study funded by the American Bankruptcy Institute Endowment Fund examines the issue of professional compensation in chapter 11 cases. As the most comprehensive, independent study of professional fees to date, the study’s reporter and two members of its steering committee will discuss conclusions drawn from the study as well as potential ramifications for chapter 11 cases and the bankruptcy bar.
Study reporter Stephen J. Lubben is the Daniel J. Moore Professor of Law at Seton Hall University School of Law.
Claude “Chip” Bowles Jr. is an attorney at Greenbaum Doll & McDonald PLLC (Louisville, Ky.) and chairman of ABI’s professional fee study advisory board and practitioner advisory board.
Deirdre Martini is the managing director with CIT National Restructuring Group, Inc. (New York) and a member of the fee study advisory board.