Tag Archives: Bankruptcy

If It Can Happen To 50 Cent . . . It Can Happen To You

Rapper 50 Cent’s legal bills are under scrutiny by a Connecticut bankruptcy court.  50 Cent filed for bankruptcy after losing an invasion of privacy case for posting a woman’s sex tape online, in which the jury awarded her $7 million.  Now, … Continue reading

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Instructive: United States Trustee Program’s Proposed Billing Guidelines

The United States Trustee Program (USTP), an agency of the U.S. Department of Justice tasked with “overseeing the administration of bankruptcy cases and private trustees,” has issued updated proposed guidelines for attorney compensation in chapter 11 cases with $50 million or … Continue reading

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