(Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its lawyers and managers $794 million in the 19 months since September 2008, according to a regulatory filing.
The restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $277.4 million in fees for “interim management” through April, according to the filing yesterday with the U.S. Securities and Exchange Commission.
Jenner & Block LLP, the law firm chaired by Lehman examiner Anton Valukas, earned $53.5 million for more than a year’s work producing a 2,200-page report on the bankruptcy.
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