SIGA Technologies, Inc. Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On March 17, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of SIGA Technologies, Inc. and its affiliates.

The filing was assigned docket number 315 and is described on the court’s official docket as follows:

Application for Interim Professional Compensation /First Interim Application of Proskauer Rose LLP for Compensation for Services Rendered and Reimbursement of Expenses Incurred as Attorneys for the Statutory Creditors’ Committee for the Period from October 8, 2014 Through January 31, 2015 for Proskauer Rose LLP, Creditor Comm. Aty, period: 10/8/2014 to 1/31/2015, fee:$838,221.05, expenses: $14,739.55. filed by Proskauer Rose LLP. (Attachments: # (1) Exhibit A-Certification # (2) Exhibit B- Computerized Time Records # (3) Exhibit C- Itemized Disbursements # (4) Exhibit D- Budgets and Staffing Plans) (Rutsky, Scott)

SIGA Technologies, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 16, 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 14-12623. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sean Lane. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to SIGA Technologies, Inc. in the bankruptcy case.


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