Wednesday, June 12, 2013
Dean Rapoport Commended by Director of United States Trustee Program
The Boyd School of Law is very pleased to announce that Interim Dean and Gordon Silver Professor of Law Nancy Rapoport was commended by Clifford J. White III, Director, United States Trustee Program (USTP), for the guidance she provided regarding the USTP final Guidelines governing the review of attorneys’ fees and expenses in large chapter 11 bankruptcy cases.
In his press release, Mr. White stated: "After two public comment periods spanning more than a year – and after hearing from a broad range of commenters from the largest law firms to major investors to academics to the public – the USTP promulgated a new set of Guidelines governing disclosures that should be made to justify fees in the largest bankruptcy cases. We are extremely grateful for the many helpful comments we received from bankruptcy experts, including Richard Levin, Chair of the National Bankruptcy Conference, and law professor Nancy Rapoport."
Copies of the Guidelines and related press releases are available here and here, respectively.