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Professor LoPucki Comments on the Lehman Brothers Holdings Inc. Bankruptcy Case in Bloomberg Article
September 13, 2013 -- Professor Lynn LoPucki commented on the recovery case of Lehman Brothers Holdings Inc., five years after the company filed for bankruptcy.
Judges don't often challenge payments to attorneys whose firms bring in big cases because those lawyers are free to take future filings to competing courts that won't question the fees, Lynn LoPucki, a bankruptcy professor at the University of California, Los Angeles, said in his 2005 book "Courting Failure: How Competition for Big Cases is Corrupting the Bankruptcy Courts."
To read the entire Bloomberg article, click here.