New Jersey Has Shelled Out Over $6 Million For Atlantic City Oversight
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New Jersey’s Division of Law has spent $6.3 million with six consulting and law firms hired for projects related to Atlantic City’s oversight since March 2015, according to invoices released in response to a public records request. The invoices are heavily redacted so it is hard to glean details of the lucrative advisory work, but they show that many more thousands of dollars have been spent on unspecified consulting and takeover-related litigation than on monetizing Atlantic City’s few remaining assets. Just over half of that money was spent with Ernst & Young, which was hired in 2015 to analyze the city’s finances. The West Orange law firm Chiesa, Shahinian & Giantomasi, which was appointed by the state in November to run Atlantic City has charged $2.4 million for six months of work on everything from city council agendas to waste management and litigation, the documents show. You can download a copy of the database compiled by Route 40, with links to each invoice, here.