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Coalition: Peregrine Trustee's Compensation Application Is 'Inappropriate'

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CHICAGO - The Commodity Customer Coalition Inc. (CCC) on April 15 filed a brief in the U.S. Bankruptcy Court for the Northern District of Illinois objecting to the Chapter 7 trustee's first interim application for more than $1.23 million in compensation, contending that it is inappropriate under the provisions of the Bankruptcy Code (In Re: Peregrine Financial Group Inc., No. 12-27488, Chapter 7, N.D. Ill. Bkcy.)....(read more)

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