{"id":38649,"date":"2013-10-16T11:16:09","date_gmt":"2013-10-16T15:16:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38649"},"modified":"2013-10-16T11:16:09","modified_gmt":"2013-10-16T15:16:09","slug":"prosecutors-scoff-at-hedge-funds-gm-fees-request","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2013\/prosecutors-scoff-at-hedge-funds-gm-fees-request.html","title":{"rendered":"Prosecutors Scoff At Hedge Funds&#8217; GM Fees Request"},"content":{"rendered":"<p>FIN \u00a0-INFour hedge funds&#8217; settlement with creditors of the former General Motors was anything but an altruistic deal to end &#8220;contentious, time-consuming and expensive litigation,&#8221; federal prosecutors say.<\/p>\n<p>The U.S. Attorney&#8217;s Office in Manhattan has objected to the hedge funds&#8217; request for $1.5 million from the &#8220;old GM&#8221; estate to cover their legal fees. The prosecutors wrote that, far from making a &#8220;substantial contribution&#8221; to that estate, &#8220;they took self-interested steps to seek an advantageous resolution of their disputes with the estate.&#8221;<\/p>\n<p><a href=\"https:\/\/www.finalternatives.com\/node\/25025\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FIN \u00a0-INFour hedge funds&#8217; settlement with creditors of the former General Motors was anything but an altruistic deal to end &#8220;contentious, time-consuming and expensive litigation,&#8221; federal prosecutors say. The U.S. Attorney&#8217;s Office in Manhattan has objected to the hedge funds&#8217; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38649","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38649"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38649\/revisions"}],"predecessor-version":[{"id":38650,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38649\/revisions\/38650"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}