Pilgrim's Pride Opinion Allows Enhancements in Bankruptcy, Offers Comprehensive Overview of Bankruptcy Fees

The Fifth Circuit has affirmed a $1 million fee enhancement to a chief restructuring officer who achieved results described as "rare and exceptional." Matter of Pilgrim's Pride Corp. , No. 11-10774 (5 th Cir. 8/10/12). The opinion can be found here . The Court rejected the argument that...