John Melko, a partner in the bankruptcy and business reorganization practice at the Houston office of Gardere Wynne Sewell LLP, was among a group of lawyers who drafted revisions representing 118 law firms with offices around the country that oppose the changes, which they say would violate attorney-client privilege and expose proprietary information.
The new regulations also would require additional budgeting procedures, including a more detailed enumeration of staff and billing, that would add to the debtors' expenses, Melko said.
"It's a lot of time and expense that's not really going to help the case along," he said.
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