Two Weil Gotshal & Manges LLP partners billed a combined 576 hours on PG&E’s bankruptcy in August, part of $2 million the firm is seeking for a month’s work, according to an Oct. 20 court filing.
Partner Stephen Karotkin put in the most hours, 300, according to the firm’s fee statement filed Oct. 20 in the U.S. Bankruptcy Court for the Northern District of California.
Partner Jessica Liou followed, billing almost 276 hours. Two associates at the firm billed more than 175 hours that month.
Altogether, attorneys billed about 2,619 hours in August, with the largest portion of that time expended in pursuit of filing and confirming a Chapter 11 reorganization plan. The other most time-consuming areas were in litigation and tax concerns.
Weil is seeking payment of about $2 million for its services in August—80% of the approximately $2.5 million it billed for the month. The firm is entitled to seek 80% of what it bills monthly, under a court order in the case.
Weil Gotshal is only one of many law firms representing PG&E’s bankruptcy estate and official committees of different types of creditors.
California’s largest energy utility filed bankruptcy in January, faced with tens of billions in liability for devastating wildfires started by PG&E equipment.
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