Enron reels under level of legal fees

Enron has seen its pre-bankruptcy spend of around $3m (A$5.76m/£2.12m) per month increase to a post-bankruptcy amount of $8m (A$15.35m/£5.65m), while ex-employees have been offered a relief fund of just $5m (A$9.6m/£3.53m) to be shared among them. Weil Gotshal & Manges, which is leading Enron's restructuring, accounted for at least two-thirds of the $8m billed in December. According to a court document filed in February, the New York giant claimed more than $5m for its services.