Firm of Receiver for RI City Charges $300,000
CENTRAL FALLS, R.I. (AP) – The law firm of a court-appointed receiver for the city of Central Falls has charged the state more than $300,000 for work over a two-month period.
A judge appointed Jonathan Savage to oversee the finances of cash-strapped Central Falls, the state's poorest city. He served from mid-May to mid-July before a new state-appointed receiver took over.
Amy Kempe, a spokeswoman for Gov. Don Carcieri, tells The Providence Journal the state is “dumbfounded” at the figure.
David Preston, a spokesman for the former receiver, says about $190,000 was for work by Savage's law firm. The rest was for people who had significant and necessary expertise.
Bill Fischer, a spokesman for Savage's law firm, says it provided 700 hours of service and the court knew its billable rate before making the appointment.
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