Velti Inc.  Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On June 10, 2014, an application for interim approval of professional compensation was filed in the bankruptcy case of Velti Inc.  and its affiliates.

The filing was assigned docket number 442 and is described on the court’s official docket as follows:

Application for Compensation Fifth Monthly Application of DLA Piper LLP (US) for Allowance of Compensation for Services Rendered and For Reimbursement of Expenses as Counsel to the Debtors and Debtors in Possession for the period March 1, 2014 to March 31, 2014 Filed by Velti Inc.. Objections due by 6/30/2014. (Attachments: # (1) Notice # (2) Exhibit A – Fees # (3) Exhibit B – Expenses # (4) Verification) (Brown, Stuart)

Velti Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 4, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 13-12878. The bankruptcy case is currently assigned to United States Bankruptcy Judge Peter Walsh. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Velti Inc.  in the bankruptcy case.

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