Carolyn Elefant (Mar. 26) wonders how one law firm managed to rack up a bill of more than $183,000 for legal research in the Northwest bankruptcy. “Complicated bankruptcy cases commonly generate big fees for lawyers — so it might not be surprising that, by the time the two airlines exit Chapter 11, the tab could be $276 million or more.” (Harry R. Weber and Joshua Freed, “Legal Fees Pile Up in Delta, Northwest Bankruptcies”, AP/Law.com, Mar. 28).
Bounteous bankruptcies: Northwest, Delta
Carolyn Elefant (Mar. 26) wonders how one law firm managed to rack up a bill of more than $183,000 for legal research in the Northwest bankruptcy. “Complicated bankruptcy cases commonly generate big fees for lawyers — so it might not be surprising that, by the time the two airlines exit Chapter 11, the tab could […]
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