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| Haplow engaged Turnbow as his attorney when threatened by several creditors with a bankruptcy proceeding. Haplow’s assets consisted of $85,000 and his debts were $125,000. A petition was subsequently filed and was uncontested. Several of the creditors are concerned that the suspected large legal fees charged by Turnbow will diminish the size of the distributable estate. What are the rules of limitation which apply to such fees? A. None, since it is within the attorney-client privileged relationship. B. The trustee must approve the fee. C. The fee is presumptively valid as long as arrived at in an arm’s-length negotiation. D. Turnbow must file with the court a statement of compensation paid or agreed to for review as to its reasonableness. |