Nautilus Holdings Limited Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On December 8, 2014, an application for interim approval of professional compensation was filed in the bankruptcy case of Nautilus Holdings Limited and its affiliates.

The filing was assigned docket number 245 and is described on the court’s official docket as follows:

Application for Interim Professional Compensation First Interim Fee Application of Skadden, Arps, Slate, Meagher & Flom LLP, Counsel for the Debtors, for Allowance and Payment of Compensation for Services Rendered and Reimbursement of Expenses Incurred from June 23, 2014 through and including October 21, 2014 for Jay M. Goffman, Debtor’s Attorney, period: 6/23/2014 to 10/21/2014, fee:$4,971,206.50, expenses: $152,357.01. filed by Jay M. Goffman with hearing to be held on 1/30/2015 at 10:00 AM at Courtroom 118, White Plains Courthouse Responses due by 1/23/2015,. (Goffman, Jay)

Nautilus Holdings Limited filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 23, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 14-22885. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Drain. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Nautilus Holdings Limited in the bankruptcy case.


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