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Law Firm Bills in Big Bankruptcy Cases Growing Rapidly

Customers stand outside of a Sears Holdings Corp. store in San Bruno, California, on Dec. 28, 2018. Photo: David Paul Morris/Bloomberg Customers stand outside of a Sears store in San Bruno, California, on Dec. 28, 2018. Photo: David Paul Morris/Bloomberg

There was no summer slowdown for law firms advising on large corporate bankruptcies: the season has brought a bonanza of law firm fee applications and approvals.

Several Am Law 200 firms stand to gain up to tens of millions of dollars from some of the most active Chapter 11 bankruptcies this summer, including Sears Holding Corp. and PG&E Corp.

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Rhys Dipshan

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