American Airlines Bankruptcy Advisers Seek $400 Million for Fees, Expenses – WSJ 6-26-14

Posted: June 27, 2014 in Uncategorized

A fee examiner tasked with keeping costs down in the American Airlines bankruptcy recommended this week that a court approve nearly $400 million in fees and expenses earned by professionals who he said engineered “perhaps the most efficient airline reorganization case on record.”Robert Keach, an attorney from Maine, made the request in a series of filings on Tuesday in U.S. Bankruptcy Court in Manhattan. Mr. Keach recommended paying $371.7 million in fees and $16.3 million in expenses to 47 professional firms,…

via American Airlines Bankruptcy Advisers Seek $400 Million for Fees, Expenses – WSJ.

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