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 Kirland & Ellis LLP.
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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.
For June’s work Kirkland & Ellis filed for $1.754 million in compensation for work it said it did on Hawker Beechcraft’s Chapter 11 bankruptcy/
The firm also sought $57,339 for reimbursement of expenses in June. The fees for that month included 2,444 billable hours for the services of 35 attorneys, according to the court filing.
The financially troubled Hawker Beechcraft filed for Chapter 11 bankruptcy May 3.