Who says that bankruptcy doesn't pay? Tell that to the lawyers working on the Tribune bankruptcy case. Their current bill, just for the legal bills, is $231 million.
You read that correctly: $231 million.
But to be fair, it's not like they are gouging the Tribune. Only $212.9 million of that is for actual legal work. The other $17.8 million is for expenses. Oh, and by the way, for that money, they still have no resolution.
Gee, I wonder why?
