According to the financial statement of American Airlines filed in bankruptcy court on Monday, the carrier paid $12.375 million to nine different advisors and consultant firms related to its bankruptcy filing.
The payments were made within the past year immediately prior to its bankruptcy filing made in November. The statement said that these payments were made for “consultation concerning debt consolidation, relief under the bankruptcy law or preparation of the petition in bankruptcy.”
Here is the list of firms and how much they were paid.
Name of Firm | Amount Paid |
Debevoise & Plimpton | $66,960 |
Groom Law Group | $197,726 |
Paul Hastings | $2,000,000 |
Weil Gotshal Manges | $7,665,000 |
2020 Venture Partners | $75,000 |
Deloitte Financial Advisory | $681,532 |
Perella Weinberg Partners | $142,500 |
Rothschild | $1,090,000 |
Skyworks Capital | $456,982 |
Total | $12,375,700 |