With only $8 million in its coffers and hundreds of hungry creditors, the Heller Ehrman estate may have to come up with $1.8 million to pay all the lawyers and other professionals working on its six-month-old bankruptcy. Lawyers last week filed their first fee requests, which total more than $1 million for those representing the bankrupt estate. And it's clear the estate will be racking up more legal fees in the months to come: More than 1,000 creditors have filed claims adding up to over $376 million.
June 03, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
With only $8 million in its coffers and hundreds of hungry creditors, the Heller Ehrman estate may have to come up with $1.8 million to pay all the lawyers and other professionals working on its six-month-old bankruptcy.
And it’s clear the estate will be racking up more legal fees in the months to come: More than 1,000 creditors have filed claims adding up to over $376 million.
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