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Around Campus => President's Mansion => Topic started by: Coach Hank Crisp on September 19, 2011, 05:07:29 PM



Title: Solyndra’s Legal Team: Five Attorneys at $2,550 Per Hour
Post by: Coach Hank Crisp on September 19, 2011, 05:07:29 PM
http://blog.heritage.org/2011/09/19/solyndras-legal-team-five-high-powered-lobbyists-at-2550-per-hour/

Quote
Solyndra has hired a team of five high-powered attorneys to help get it through its bankruptcy proceedings, according to documentation the company has filed in court (embedded below). Their firm, McDermott Will & Emery, also represented the company before it filed for bankruptcy protection earlier this month.

As one might expect, this sort of representation does not come cheap. All told, Solyndra’s team may bill up to $2,550 per hour, the Legal Times notes.

Five people with McDermott and their standard hourly rates are listed on the application: William Weld, a former Massachusetts governor and U.S. attorney who is of counsel in New York, at $825; Washington partner Stephen Ryan at $775; Washington partner David Ransom and Silicon Valley partner Eugene Litvinoff, both at $525; and Jon Decker, a senior adviser in Washington, at $425.


Title: Re: Solyndra’s Legal Team: Five Attorneys at $2,550 Per Hour
Post by: SUPERCOACH on September 19, 2011, 07:22:26 PM
Hmmm.... it is not hard to see why they are bankrupt.

                               ???


Title: Re: Solyndra’s Legal Team: Five Attorneys at $2,550 Per Hour
Post by: Coach Hank Crisp on September 19, 2011, 07:29:12 PM
Hmmm.... it is not hard to see why they are bankrupt.

                               ???

The money is coming from the tax payers.