Bankruptcy Court Judge Steven Rhodes ruled yesterday that the nearly $178 million charged to Detroit by law firms and consultants for fees and expenses in its historic chapter 9 case was reasonable, Reuters reported yesterday. Judge Rhodes said that he based his decision mainly on the complexity of the bankruptcy case filed in July 2013 as well as substantial reductions that the firms agreed to make in their bills. "The city is now on a path to success precisely because of the expertise, skill, commitment, endurance, personal sacrifice, civility and proficiency of all of the professionals in the case, including most certainly those whose fees are subject to review in this opinion," the judge wrote.
