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Delaware Bankruptcy Courts Foreclose Creative Attempts to Distinguish ASARCO

By Jacob S. Frumkin on February 8, 2016
Posted in Bankruptcy, Corporate Restructuring

On June 15, 2015, the U.S. Supreme Court issued its opinion in the case of Baker Botts L.L.P. v. ASARCO LLC, 135 S. Ct. 2158 (2015), denying compensation to two law firms for the fees they incurred in defending objections to their fee applications.  Subsequent to confirmation of ASARCO’s plan of reorganization, the law…

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