By Becky YerakGellert Scali Busenkell & Brown LLC was denied a request by a judge in the Medley LLC bankruptcy to have roughly $37,000 in legal bills treated as a high-ranking claim in the chapter 11 case. Judge Karen Owens sided with a federal bankruptcy watchdog who said the firm's client didn't make a substantial contribution to the case and therefore its bills shouldn't be considered a high-ranking administrative expense.

Source: Wall Street Journal November 18, 2021 23:19 UTC