A proposed settlement in the Birdsall Services Group bankruptcy would allow 13 law firms to keep more than half a million dollars in fees incurred by officers and employees who were under investigation in the pay-to-play scandal that brought down the company.
The agreement would tap Birdsall’s $6 million in director’s and officer’s coverage with U.S. Specialty Ins. Co. to settle a suit by Chapter 7 trustee Edwin Stier to recoup the fees.
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