Tribune has paid $157 million to bankruptcy lawyers, advisers

WSJ.com Bankruptcy Beat
Law firm Sidley Austin was paid the most among the 30 firms working on Tribune’s bankruptcy case, reports Eric Morath. Sidley received $6.1 million in fees and expenses last month, bringing its total paid for the case to $41.7 million. The company’s restructuring adviser, Alvarez & Marsal, had the second-highest tab ($795,613) in April. Alvarez has been paid $14.7 million since the case began in 2008. || TRIBUNE ON TV: The media firm’s bankruptcy is one part of a new documentary about Chicago journalism that airs Thursday night on Chicago public TV station WTTW. Among those interviewed for “Mashed Media”: Adrian Holovaty, Rich Gordon, Brian Boyer, and Bill Adee. (Robert Feder has more on the documentary.)

We have made it easy to comment on posts, however we require civility and encourage full names to that end (first initial, last name is OK). Please read our guidelines here before commenting.