U.S. Trustee, Jackson Walker Strike $15M Settlement in Bankruptcy Fee Cases

On Sunday, the U.S. Trustee and Jackson Walker told Chief U.S. Bankruptcy Judge Eduardo V. Rodriguez they had agreed to a deal where the law firm will pay $15 million to end efforts to claw back millions in fees it earned in certain bankruptcy cases. 

Notice of the settlement comes about two weeks after Chief Judge Rodriguez declined a joint request from the parties to extend deadlines in the case. The U.S. Trustee, referred to as the watchdog of the bankruptcy system, had sought to vacate more than $20 million in fees awarded to the firm in 34 cases involving former Houston bankruptcy judge David Jones and former Jackson Walker bankruptcy partner Elizabeth Freeman.