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Lawyers slap Sears with $5M legal bill — for 17 days of work



It’s out of the lender lion’s den and into the legal shark tank for once-proud and now-bankrupt Sears, which has to swallow an opening bite of $5 million in charges from its white-shoe law firm. Sears may be scrambling for cash, but its lawyers are making a mint. The bankrupt retailer’s white-shoe law firm, Weil Gotshal & Manges, on Friday submitted its first bill in the Chapter 11 case: a whopping $5 million for 17 days of work. -- More....

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