The Associated Press
BILLINGS, Mont. (AP) - Attorneys and others involved in bankruptcy proceedings for Montana's ultra-exclusive Yellowstone Club have requested more than $10 million in fees and expenses - including some charges billed at more than $900 an hour.
More than half the fees were racked up by the dozens of lawyers, accountants and consultants hired under former club owner Edra Blixseth. She sold the millionaires-only resort last month for $115 million.
Attorneys involved in the case say their fees are reasonable given the complexities of the bankruptcy. Yet the amount of the claims is sure to reinforce the club's reputation as a beacon of excess.
Attorneys for Credit Suisse racked up the highest charges of $930 an hour. The financial company has recovered only a fraction of $375 million in loans it arranged for the club.