Legal fees billed on Lehman Brothers’ US bankruptcy have have reached almost $400m (£266m) according to public documents, writes The American Lawyer.

According to a filing with the Securities and Exchange Commission on Thursday (22 July), adviser fees since the case was filed in September 2008 have now reached $873.1m (£582m) with 17 law firms being paid almost $396.7m (£265m) by the debtor.