DLA Piper has outlined its fee arrangement with Philadelphia Entertainment and Development Partners in the firm’s application to be approved as bankruptcy counsel to the owners of the once-proposed Foxwoods Casino.
Partners at the firm will charge between $530 and $1,120 an hour for their work helping shepherd PEDP through a Chapter 11 bankruptcy in the Eastern District of Pennsylvania, according to DLA Piper’s application. PEDP filed for bankruptcy March 31 after several years of battling for, winning and then seeing revoked a license to operate a casino in Philadelphia.
