Lehman Bankruptcy Fees Top $805M

Law360, New York (June 25, 2010, 12:21 PM EDT) -- Lehman Brothers Holdings Inc. has paid attorneys, financial advisers and other counselors more than $805 million since seeking bankruptcy protection in late 2008, a new regulatory filing shows.

The company has racked up about the same amount of attorneys' fees and expense reimbursements in the last eight months of its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York as it did in the first year of the proceedings, according to a report filed Wednesday with the U.S. Securities and...
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