Sears Methodist Retirement System, Inc. Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On April 16, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of Sears Methodist Retirement System, Inc. and its affiliates.

The filing was assigned docket number 870 and is described on the court’s official docket as follows:

Application for compensation for Alvarez & Marsal Healthcare Industry Group, LLC, Other Professional, Period: 6/10/2014 to 3/16/2015, Fee: $2,269,032.38, Expenses: $238,121.97. Filed by Attorney Vincent P. Slusher Objections due by 5/11/2015. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) List of 20 Largest Creditors C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F) (Slusher, Vincent)

Sears Methodist Retirement System, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 10, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 14-32821. The bankruptcy case is currently assigned to United States Bankruptcy Judge Stacey Jernigan. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Sears Methodist Retirement System, Inc. in the bankruptcy case.


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