$1M+ in fees to the Committee's lawyer.
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In the course of its representation of the Committee in these matters from April 3, 2013, through February 28, 2014, Dorsey has devoted in excess of 2,141 hours of professional time in the performance of such services.
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they're squeezing the lemon too.
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14. Notwithstanding the stalling of prior negotiations with the Debtor, the Committee understands that an agreement with the Debtor on terms of a consensual plan, if possible, would reduce the incurrence of further administrative costs, in the interests of the estate and its creditors. Therefore, while the Committee has proceeded with filing its competing plan and disclosure statement and is moving forward to confirm its plan, your Applicant, in consultation with the Committee, is continuing to negotiate terms for a consensual plan with the Debtor. If the negotiations with the Debtor conclude successfully, the parties will immediately cooperate in the preparation of a consensual plan and disclosure statement and will schedule the hearing for the Court to consider approval of the disclosure statement at the earliest possible time.
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However, to permit negotiations between the Committee and the Debtor to continue, the Court continued the hearing to March 26, 2014
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Employment of Professionals - "Forensic Accountant"
Gee wizz, I guess someone with those skills could unwind the funny financials that were occurring with all the interrelated companies of DL's.