Oh hail, can you believe it’s Friday?
As Bob Norman notes, Berger Singerman has put in a fee app for three months of Rothstein work, seeking a fairly sizable chunk of change:
Here’s the list:
— Lead bankruptcy attorney Paul Singerman’s firm, Berger Singerman, is asking for a total fee of $1,230,974.50 for those 15 or so weeks of work, plus $28,092.06 in expenses, for a total of more than one and a quarter million dollars.
— Bankruptcy attorney John Genovese is asking for
$324,805.50 plus $3,659.90 in expenses.
— Miami accountant Richard A. Pollack is charging $611,640.50 plus $1,846.30 in expenses.
To put those numbers in perspective, consider that, extrapolated over a full year, those three entities would be making more on this one case than the entire 70-member RRA firm made in total revenues last year, about $8 million. A hearing on the fees will be held at 1:30 p.m. April 7 at the federal courthouse.
The app is an interesting read and gives you a feel for the massive and immediate nature of the work involved.BTW, I don’t think there’s any question it is well-earned and they will have it approved.
In other news, I just learned a new word, Lehman investors just found a new defendant, and the tax code just got interesting.
Given the rain I may have to practice my windsurfing indoors, but that’s alright with me.
Have a great weekend!