On March 13, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) and its affiliates.
The filing was assigned docket number 675 and is described on the court’s official docket as follows:
Application for Compensation (Second Interim) Application of Lowenstein Sandler LLP as Counsel to the Official Committee of Unsecured Creditors for Compensation for Services Rendered and Reimbursement of Expenses for the period from November 1, 2014, to January 31, 2015 Filed by OFFICIAL COMMITTEE OF UNSECURED CREDITORS. Objections due by 4/15/2015. (Attachments: # (1) Exhibit A # (2) Notice # (3) Proposed Order) (Casarino, Marc)
Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 4, 2014. 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 14-11848. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Richards, Layton & Finger, P.A. is acting as lead bankruptcy counsel to Phoenix Payment Systems, Inc. (a/k/a Electronic Payment Systems; EPX) in the bankruptcy case.