US Trustee Fights $15M Fee For AMR's Financial Advisers

Law360, New York (May 3, 2013, 7:25 PM EDT) -- The U.S. Trustee’s Office on Thursday objected to $15 million in fees for two of AMR Corp.’s financial advisory firms associated with the $3.25 billion in additional exit financing it recently secured, saying the firms’ previous payments were enough.

Rothschild Inc. and Moelis & Co. LLC have requested an additional $10 million and $5 million, respectively, for their services to secure the new financing, according to U.S. Trustee Tracy Hope Davis’ court filing. Davis contends that the two firms already have received “generous fee arrangements” under...
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