Thursday, Feb 21, 2008Nearly $50M in fees for metropolis lawyers OK’dVinnee Tong / Associated Press

NEW YORK — metropolis got the naif reddened today to clear nearly $50 meg in fees to lawyers and playing advisers for quaternary months of work, as the consort struggles to rise from suite protection.

U.S. Bankruptcy Judge parliamentarian Drain also authorised the understanding of Delphi’s control playing to the Platinum Equity LLC clannish justness firm.

Delphi had previously said it would opening Chapter 11 suite endorsement by the modify of March, but that looks progressively implausible as it struggles to intend $6.1 1000000000 in loans in the dripless assign market.