5th Circuit Reverses Award; Barclays Not Entitled To Fee In Asarco Chapter 11 Case

5th Circuit Reverses Award; Barclays Not Entitled To Fee In Asarco Chapter 11 Case

NEW ORLEANS - A panel of the Fifth Circuit U.S. Court of Appeals on Dec. 11 reversed a fee award to Barclays Capital Inc. related to the financial services it rendered in the Chapter 11 bankruptcy proceeding of Asarco LLC (Asarco LLC v. Barclays Capital Inc. [In The Matter of Asarco LLC], No. 11-41010, Chapter 11, 5th Cir.).

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