ACG Credit Company II, LLC Bankruptcy New Filing Alert: Objection To The Application For Interim Approval Of Professional Compensation

On June 5, 2015, an objection to the application for interim approval of professional compensation was filed in the bankruptcy case of ACG Credit Company II, LLC and its affiliates.

The filing was assigned docket number 340 and is described on the court’s official docket as follows:

Objection to Professional Fees of GSB&B (Ninth & Tenth Monthly Fee Applications) Filed by ACG Finance Company, LLC, Fine Art Finance, LLC, Art Capital Group, LLC, Art Capital Group, Inc., ACG Credit Company, LLC and Ian S. Peck (related document(s)[332], [330]). (Majorie, Francis)

ACG Credit Company II, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 17, 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 14-11500. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Gellert Scali Busenkell & Brown, LLC is acting as lead bankruptcy counsel to ACG Credit Company II, LLC in the bankruptcy case.


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