FTX advisers billed the bankrupt firm for a whopping $103M in Q1

The invoices from March were somewhat greater than January and Februarys figures of $34.2 million and $32.5 million, respectively.New York-based law firm Sullivan & & Cromwell once again strolled away with the most significant paycheck, billing $14.1 million in fees and expenses for March, adding to an overall of $44.4 million over the first quarter.Sullivan & & Cromwell billed FTX $14.1 million for March. Source: Kroll Partners at the firm took home $2,165 per hour while paralegals and legal experts were paid $425 and $595 per hour for their contributions.Consulting company Alvarez & & Marsal came in next, invoicing over $13.8 million in March for the tens of thousands of hours it jointly devoted to avoidance actions, monetary analysis and accounting procedures.It was the third succeeding billing of over $10 million for the company, which has served as FTXs restructuring advisor given that Sam Bankman-Frieds former empire filed for personal bankruptcy on Nov. 11. Over 180 legal representatives from Sullivan & & Cromwell, Quinn Emmanuel Urquhart & & Sullivan and Landis Rath & & Cobb have actually been assigned to work on the FTX case.Related: Sam Bankman-Frieds holding company files for bankruptcyForensics consulting company AlixPartners invoiced its largest costs at $4.51 million in March, amounting to $10.2 million over the quarter, for the firms work in examining decentralized finance items and tokens in FTXs possession.Despite a severely bothered 6 months, FTX hasnt put the nail in the coffin yet.With $7.3 billion in possessions recuperated FTXs legal group is eyeing a possible reboot of the trading platform as early as April 2024.