On July 15, 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 479 and is described on the court’s official docket as follows:
First Application for Interim Professional Compensation / First Interim Application of Guggenheim Securities, LLC for Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as Financial Advisor and Investment Banker to the Statutory Creditors’ Committee for the Period January 1, 2015 Through May 31, 2015 for Guggenheim Securities, LLC, Other Professional, period: 1/1/2015 to 5/31/2015, fee:$625000.00, expenses: $86124.51. filed by Guggenheim Securities, LLC. (Attachments: # (1) Exhibit A – Hours Detail # (2) Exhibit B – Expense Detail) (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.