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Judge Rhodes Detroit Must Total Bankruptcy Fees Within a Week

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Bankruptcy Judge Steven Rhodes yesterday said that Detroit must reveal later this month the total cost of fees charged by lawyers and consultants as part of the city's bankruptcy case, Crain’s Detroit Business reported today. Judge Rhodes yesterday told the city's attorneys and advisers to submit final invoices within a week. He approved Detroit's historic reorganization in November, and state and city officials declared the bankruptcy over last Wednesday. Fees charged to the city exceed $140 million. Mediators last week reached agreements with all parties on fees, but the judge still needs to approve them. Mediators led by Detroit's chief federal judge, Gerald Rosen, say that their work appears to be over as they played a crucial role in striking deals between Detroit and its many creditors during the bankruptcy.