Detroit Free Press: Detroit Pays Bankruptcy Law Firms, Consultants $22MM
The Detroit Free Press reported the city of Detroit has paid city’s restructuring firms have received more than $22 million, according to figures available from Kevyn Orr’s office.
The Detroit Free Press reported further the city paid nearly $11 million through Oct. 1 to the Jones Day law firm, more than double the amount paid until then to other restructuring and bankruptcy consultants or law firms. Conway MacKenzie had been paid $4.59 million, and Ernst & Young had been paid $4.17 million, the Detroit Free Press said further.
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