In the 18 months since oil and gas production operation Exco Resources filed for Chapter 11 protection under the U.S. Bankruptcy Code, it has paid the lawyers and other restructuring consultants $61.6 million for their expertise, according to research by The Texas Lawbook.
The final bill will likely be well north of $75 million, according to lawyers involved in the matter - and thatís if Excoís proposed exit plan, filed this month, goes smoothly.