AMR Corp. Legal Bankruptcy Fees: $100 Million and Counting

AMR Corp. may be in bankruptcy court, but the lawyers advising American Airlines and its creditors in the Chapter 11 proceeding are raking in the money – about $100 million so far.

More than a dozen lawyers working regularly on the bankruptcy are charging $1,000 or more and three are billing at $1,150 an hour, according to court records from the United States Bankruptcy Court Southern District of New York, where the case is being litigated. Thirteen additional attorneys have an hourly rate between $900 and $975.