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Detroit Bankruptcy Firms Ordered to Defend Bills

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Lawyers and consultants have 10 days to justify fees charged during Detroit’s landmark bankruptcy case before Bankruptcy Judge Steven Rhodes decides if the bills are reasonable, the Detroit News reported today. Firms representing the city and retirees charged about $170 million and Judge Rhodes is in the process of determining the reasonableness of fees in the biggest and most expensive municipal bankruptcy in U.S. history. On Monday, Rhodes gave the various firms 10 days to defend amounts charged during the case but warned that the comments must be “civil” and “fact-based.”