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| More Bills for SCO in the Bankruptcy - Will They Get Paid? |
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Of course there are more bills in the bankruptcy. Berger Singerman and Mesirow want to be paid again. Berger Singerman would like $67,659.21, almost half of it for time spent on "Asset Disposition/Preservation" and most of the rest on "Plan and Disclosure Statement". That brings their total billings up to $322,723.79. So far, they say, of the previous balance due of $255,064.58, they've actually only been paid $58,901.25. Now, this could just be me, I suppose, but I think that would make me a little nervous. I think I'd be remembering SCO didn't pay for their pizza before filing for Chapter 11 bankruptcy protection, and folks love pizza. Lawyers? Not so much. I gather it costs about $2,000 just to send Berger Singerman troops to a hearing in travel expenses alone. Preparation is on top of that, and time at the court is too. The river of SCO gold appears to have slowed to a drip for Mesirow this time. Their bill is only for $452.70 and no expenses. Considering how mightily they've drunk from the SCO's trough up to now, the bill surprised me. Their total before this bill was $641,977.10. They don't tell us how much has been paid, just how much the court has allowed so far. One lawyer for Mesirow attended the June 16 hearing telephonically, and he charged $355 for .5 hours. |
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