U.S. judge says $178 mln Detroit bankruptcy fee tab 'reasonable'

Written By Unknown on Jumat, 13 Februari 2015 | 16.47

Thu Feb 12, 2015 2:42pm EST

Feb 12 (Reuters) - The U.S. federal court judge who oversaw Detroit's historic bankruptcy case ruled on Thursday that the nearly $178 million charged to the city by law firms and consultants for fees and expenses was "reasonable."

Judge Steven Rhodes said he based his decision mainly on the complexity of the bankruptcy case filed in July 2013 as well as "substantial reductions" that the firms agreed to make to their bills. (Reporting by Karen Pierog, editing by G Crosse)


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