On June 20, 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 454 and is described on the court’s official docket as follows:
Monthly Application for Compensation (Fifth) of Morris, Nichols, Arsht & Tunnell LLP, as Delaware Co-Counsel for the Official Committee of Unsecured Creditors, for Allowance of Interim Compensation and for Interim Reimbursement of All Actual and Necessary Expenses Incurred for the period May 1, 2014 to May 31, 2014 Filed by Morris Nichols Arsht & Tunnell LLP. Objections due by 7/10/2014. (Attachments: # (1) Notice # (2) Exhibit A (Compensation by Project Category) # (3) Exhibit B (Expense Summary) # (4) Certificate of Service) (Alleman, William)
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.