Wednesday, December 30, 2015

Judge Approves Partial Fee Request, Defers Action on "Enhancement"


By Walter F. Roche Jr.

A federal bankruptcy judge has approved the undisputed portion of a multimillion dollar fee request in the case of the New England Compounding Center, but deferred action on the disputed $2.6 million balance.
In a brief order issued Wednesday U.S. Bankruptcy Judge Henry J. Boroff approved fees and expenses totaling $1.1 million for Paul D. Moore, the Boston attorney who acted as trustee in the case.
Moore had initially requested  $5.758 million, but later trimmed it to $3.75 million.
In his order Boroff said he was taking the remainder of the fee request under advisement.
Moore, in an email response to questions about the order, noted that "despite having spent most of my time on this case for more than three years, I, like the victims, was the last other than them, to get paid."
 "They (the victims) should understand that I have constantly reminded everyone of the need to distribute these funds as soon as possible," Moore added,  noting his efforts in amassing an estimated $200 million trust fund, most of which will go to victims."
In a two hour court session in October, Thomas Sobol, who represents victims of a deadly 2012 fungal meningitis outbreak, did not dispute the $1.1 million request, but argued that Moore was not entitled to an enhancement boosting the fee to $3.75 million.
NECC has been blamed for the 2012 outbreak which sickened 778 patients, killing 76 of them. Moore served as the trustee in the bankruptcy proceedings and now holds the title of post confirmation officer.
He is a partner with the firm of Duane Morris, which already has been paid $4.3 million under a separate Boroff order.
 Under a liquidation plan approved by Boroff most of the  $200 million trust fund is expected to go to victims  of the outbreak. The fund includes payments from the owners of NECC, insurance companies and other firms that provided services to NECC.
Moore said that prior to the deposits in the trust fund "(t)he victims had every right to consider themselves 'The Forgotten', which they have never been in my mind. "
Contact: wfrochejr999@gmail.com


11 comments:

  1. Moore is no better then the greedy doctors and the necc.making millions of dollars from people getting sick.not one victim will get close to what Moore is getting paid.the victims keep getting screwed over and no one is protecting them

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  2. Moore is no better then the greedy doctors and the necc.making millions of dollars from people getting sick.not one victim will get close to what Moore is getting paid.the victims keep getting screwed over and no one is protecting them

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  3. Wish there was someone out there that would fight for the victims.And not there own greed.I been calling the news not getting anywhere guess it's yesterday news

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  4. Hey Moore your law firm was already paid 4.3 million.so don't act like your putting victims first.your only worried about your wallet

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  5. Where in the hell is our 1.1 mill and don't you ever put yourself in the same boat as us because we would have thrown your ass overboard and gave you a cement block to hold and you can take that to the bank.

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    1. I agree but did you also know the insurance companies have their hands out to the tune of 1 billion dollars worth of medical liens against everyone's settlement!

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  6. Everybody we need to keep calling the news.

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    1. Hi Jeff, email Epiq Systems. They're the ones in charge of the points because they are actually the claims administrator.

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  7. And Lawyers can't tell you what a point is worth there to busy trying to figure out how they can get the most money themselves

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  8. This comment has been removed by a blog administrator.

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  9. I am glad I'm not the only victims who sees this greed.
    we are suffering years later, so why are they getting millions instead of dividing among victims then remaining balance paid to administer fees
    VICTIMS FIRST

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