Firms Ask For $30M More In Calpine Case

Law360, New York (June 19, 2007, 12:00 AM EDT) -- The professionals involved in the bankruptcy proceedings of energy company Calpine Corp. have applied for an additional $30 million in fees and expenses.

In fee applications filed with the U.S. Bankruptcy Court for the Southern District of New York, consultants and attorneys demanded a total of $24,882,532.49 to cover the fifth interim fee period, which extended from Jan. 1, 2007 to March 31, 2001.

The highest amount requested came from Kirkland & Ellis LLP, which asked for $11,943,098 in fees and $657,543.87 in expenses. AP Services...
To view the full article, register now.