Asbestos Claimants’ Law Firm Approved In Eagle Case, But At Reduced Rates
Mealey's (August 3, 2016, 11:31 AM EDT) -- NEW ORLEANS — A Louisiana federal bankruptcy judge on Aug. 1 allowed the asbestos claimants’ committee in the Chapter 11 case of Eagle Inc. to replace its counsel with an out-of-state law firm but capped the firm’s hourly fee amount after an Eagle insurer protested the requested change (In re: Eagle, Inc., No. 15-12437, E.D. La. Bkcy.).
(Order available. Document #48-160826-001R.)
Eagle, a former gasket and insulation sales company in New Orleans, filed a Chapter 11 petition Sept. 22 in the U.S. Bankruptcy Court...