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Solyndra lawyers reap green, but not energy
Posted By -NO AUTHOR- On 11/23/2012 @ 12:38 am In Money,Politics | No Comments
(Washington Times) Bankrupt solar-panel company Solyndra LLC and the criminal investigation into its downfall have faded from public view, but the law firm representing the company in a grand jury probe quietly has stayed busy, racking up nearly a half-million dollars in legal fees over the past year, records show.
Aside from documenting the personal fortunes of lawyers making up to $660 per hour, the fees are significant because of why the law firm was hired in the first place.
Weeks after Solyndra went bankrupt last year, having burned through more than a half-billion dollars in federal loan money, the company hired the K&L Gates LLC law firm for what lawyers called a “federal criminal investigation.”
Now the firm wants to get paid.
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