KAKE | Wichita, Kansas | News

Hawker Beechcraft Lawyers Bill Nearly $1.7 Million

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Thursday, September 6, 2012

Bankruptcy lawyers for Hawker Beechcraft are seeking nearly $1.7 million in fees and expenses for their work in July.

A court filing Wednesday shows the biggest portion the legal fees involved what is called the strategic transaction asset sale, involving negotiations with a Chinese firm for the sale of Hawker's civilian operations.

Lawyers billed 850 hours on sale matters, as part of a total of about 2,200 billed hours for the month of July.

This is the third fee statement of New York-based Kirkland & Ellis LLP.

The 239-page statement says the firm billed hours for 34 attorneys at rates ranging from $565 an hour to $1,045 an hour. It also billed for 368 hours for 16 paraprofessionals.

The firm is also seeking $68,000 for expenses.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 168773966 - kake.com/a?a=168773966