Skift Take

Consultants and lawyers are seeing a fee and expenses bonanza of almost $400,000 a day as American enters another month of bankruptcy.

With the Section 1119 hearings resuming on Monday, it’s a good time to do a fresh summary of all the requests for fees and expenses that have been submitted so far.

Our current count, as of close of business Friday, was $58.7 million, of which the lawyers, consultants, advisors, etc. can claim 80 percent now and 20 percent later

Subscribe to Skift Pro

Subscribe to Skift Pro to get unlimited access to stories like these ($30/month)

Subscribe Now

Tags: bankruptcy