{"id":23039,"date":"2012-07-02T07:13:39","date_gmt":"2012-07-02T07:13:39","guid":{"rendered":"http:\/\/newspaper.ctsi-logistics.com\/?p=23039"},"modified":"2012-07-02T07:13:39","modified_gmt":"2012-07-02T07:13:39","slug":"creditors-committee-lawyer-demands-65124","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/creditors-committee-lawyer-demands-65124\/","title":{"rendered":"Creditors committee lawyer demands $65,124"},"content":{"rendered":"<div>The Hawaii-based counsel for the Official Committee of Unsecured Creditors is demanding $65,124.61 in payment from the NMI Retirement Fund for its participation in the Fund&#8217;s Chapter 11 bankruptcy case.<\/div>\n<p>Committee counsel Don Jeffrey Gelber asked the U.S. District Court for the NMI Bankruptcy Division yesterday to approve $64,642.71 (including Hawaii general excise tax) in compensation to his law firm, Gelber, Gelber &amp; Ingersoll, plus reimbursement of $481.90 in expenses, for a total of $65,1245.61.<\/p>\n<p>Gelber said the compensation covers the period from May 11, 2012, through June 27, 2012.<\/p>\n<p>He is also seeking payments for services performed and costs advanced from June 28, 2012, until the date of the hearing on the application.<\/p>\n<p>Because of the hardship to retirees and other Fund beneficiaries caused by the Fund&#8217;s insolvency, Gelber said that the law firm has agreed that it&#8217;s hourly rate for him as lead attorney would be reduced from $450 to $360 per hour.<\/p>\n<p>By Ferdie de la Torre<br \/>\nReporter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hawaii-based counsel for the Official Committee of Unsecured Creditors is demanding $65,124.61 in payment&#8230;<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[93,334,335,336],"class_list":["post-23039","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-district-court","tag-don-jeffrey-gelber","tag-fund-chapter","tag-gelber-ingersoll"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/23039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=23039"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/23039\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=23039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=23039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=23039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}