SEPTEMBER 10, 2001
COVER STORY
The High Cost of Chapter 11
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| ADVISER DEBTOR CREDITOR
LAWYER $500,000- $300,000-
$1 million $700,000
per month per month
ACCOUNTANT $200,000 per
month
INVESTMENT $200,000- $175,000-
BANKER $250,000 $225,000
per month per month
$7 million- $3 million-
$10 million $8 million
final success fee final success fee
TOTAL BILL FOR $1 BILLION $23.2 million-
DISTRESSED COMPANY $60.75 million
RESTRUCTURED IN 18 MONTHS
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Copyright 2001 , by The McGraw-Hill Companies Inc. All rights reserved.
