The bankruptcy filing of Atlantic City’s newest casino has meant an opportunity for local bankruptcy lawyers to get their hands on one of the region’s most watched filings and, in some instances, charge more than $1,000 an hour for the privilege.
While Kirkland & Ellis did much of the lead-up work preparing for Revel AC Inc.’s pre-packaged bankruptcy, it brought on a team of lawyers from Philadelphia-based Klehr Harrison Harvey Branzburg to serve as co-counsel to the debtor.
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