Lynn LoPucki
Lynn LoPucki
biggest certainly five terms top united
You can't say United is the biggest of all time, but it is certainly in the top 10. Probably the top five in terms of the fees.
cut lower york
New York has cut fees more than other districts. Not that fees are lower in New York, but they cut them more in New York.
almost million success
The only thing I see there that is really questionable is the $12 million success fee. Success is almost assured.
company comparison large public reasonable seems
This seems reasonable in comparison to what has been done in other large public company cases.
decide looking
Firms decide what to bill, and no one is looking over their shoulders.
brother cutting slice trying
It's like your little brother trying to get part of the pie. You want to keep him from cutting into the slice you want.
creditors cutting means otherwise
It's a different cutting of the company's pie. It means that some creditors get more than they otherwise would, and other creditors will be getting less.
almost fail impossible job plan until year
What he has to do is keep his job until a year before plan confirmation, and it'll be almost impossible for him to fail at that.
amount control normal pay unusual
This is not a normal practice. They evaded the court's control. This is an unusual way to pay and an unusual amount of money.
decades failure high rate themselves three today
The failure rate is three times as high today as was two decades ago. Many of those that get out now find themselves back in at some point.