Jump to ContentJump to Main Navigation

You are looking at 1-12 of 12 items

  • Keywords: professional fees x
Clear All Modify Search

View:

11. Cost Control Failure

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0011
Subject:
Law, Company and Commercial Law

Previous chapters described competition among some bankruptcy courts for the cases of the largest public companies. To succeed in that competition, the bankruptcy courts must abandon the effort to ... More


12. Toward Effective Cost Control Methods

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0012
Subject:
Law, Company and Commercial Law

This chapter begins by summarizing the findings of this book with respect to the three topics discussed: professional fee and expense study methodology; the prediction and evaluation of professional ... More


1. Cost Measurement

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0001
Subject:
Law, Company and Commercial Law

This chapter explains the limitations and the decisions of this study, and their implications for interpreting the findings in this study. It addresses the following questions: why do the patterns ... More


8. The Cost of Cost Control

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0008
Subject:
Law, Company and Commercial Law

As elaborated in Chapter 7, the fee control system is necessary because those who hire professional firms are spending other people's money. Market incentives to control fees and expenses are either ... More


3. Aggregate Costs

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0003
Subject:
Law, Company and Commercial Law

This chapter reports findings with respect to aggregate professional fees and expenses from the cases used in the sample. It also explains how those amounts can be used to predict the fees and ... More


9. Fee Objections

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0009
Subject:
Law, Company and Commercial Law

To the extent that the system controls fees, it must be either through fee cutting or deterrence. “Fee cutting” is the courts' refusal to award some portion of the fees sought. Deterrence is the ... More


10. Fee cuts

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0010
Subject:
Law, Company and Commercial Law

At the conclusion of a bankruptcy case, a professional who claims entitlement to compensation from the estate must apply to the court for an “award” of the compensation. The relevant statute provides ... More


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

Lynn M. LoPucki and Joseph W. Doherty

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.001.0001
Subject:
Law, Company and Commercial Law

Bankrupt Enron paid well over a billion dollars in cash to bankruptcy lawyers, financial advisors, and other bankruptcy professionals. The managers of most bankrupt companies pay the professionals ... More


7. The Need for Cost Control

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0007
Subject:
Law, Company and Commercial Law

The bankruptcy fee control system has been in existence for more than seventy-five years. This chapter explains why. Part I presents a brief overview of the bankruptcy process. Part II explains why ... More


5. Component Costs: Description

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0005
Subject:
Law, Company and Commercial Law

This chapter describes the division of fee and expense awards among the professions that participate in bankruptcy cases and among the client types they serve. The fee and expense “award” illustrates ... More


6. Component Costs: Analysis

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0006
Subject:
Law, Company and Commercial Law

Chapter 3 explored the determinants of total professional fees and expenses. This chapter explores the determinants of the two principal components of those fees and expenses: the fees and expenses ... More


4. Cost Calculators

Lynn M. Lopucki and Joseph W. Doherty

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

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195337723
eISBN:
9780199893942
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195337723.003.0004
Subject:
Law, Company and Commercial Law

The findings from this study provide an empirical basis for predicting professional fees and expenses in future large public company bankruptcies. To predict those fees and expenses, however, ... More


View: