"...ho, ho, ho and a bottle of rum."
AmLaw Daily reports that, according to court documents made public Wednesday, the firm received a $5 million advance in September for work leading up to the bank’s bankruptcy filing. ...
But that $5 mil could be peanuts. AmLaw Daily notes that UCLA law prof Lynn LoPucki, estimates advisory and legal fees could come to $906 million, according to Bloomberg reports.
-law blog
HOLDING NOSE
We are a service economy. Full service economy (@ $950/hr).
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