Professor Lynn LoPucki Cited in The Wall Street Journal Regarding Caesars Legal Fees and Expenses in Bankruptcy

October 4, 2016 – Professor Lynn LoPucki commented on the Chapter 11 filing that forced Caesars Entertainment Operating Co. to disclose the cost of fees and expenses paid to various law, investment banking, consulting and other firms during bankruptcy. A court-appointed examiner cost the casino company over $56 million, which contributed to the company’s hefty bill of $301.3 million.

Professor LoPucki created his own fee calculator to estimate the legal costs in bankruptcy for a company as big as Caesars. LoPucki says, “Those fees are about what we would expect for a case of this size and complexity.”

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