On July 20, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of GT Advanced Technologies Inc. and its affiliates.
The filing was assigned docket number 2099 and is described on the court’s official docket as follows:
Interim Application for Compensation /Second Interim Application of Rothschild Inc. as Financial Advisor and Investment Banker for the Debtors and Debtors In Possession for Allowance and Payment of Compensation for Professional Services Rendered and Reimbursement of Actual and Necessary Expenses Incurred from February 1, 2015 through May 31, 2015 for Rothschild Inc, Other Professional, Period: 2/1/2015 to 5/31/2015, Fee: $800,000, Expenses: $61,582.34.Filed by Attorney James T. Grogan III (Attachments: # 1 Exhibit A – Summary of Fees # 2 Exhibit B – Summary of Expenses # 3 Exhibit C – Proposed Order) (Grogan, James) (Entered: 07/20/2015)
GT Advanced Technologies Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 6, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Hampshire. The case number for the lead bankruptcy case is 14-11916. The bankruptcy case is currently assigned to United States Bankruptcy Judge Henry Boroff. The law firm of Paul Hastings LLP is acting as lead bankruptcy counsel to GT Advanced Technologies Inc. in the bankruptcy case.