On November 13, 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 2522 and is described on the court’s official docket as follows:
Application for Compensation Application of Ropes & Gray LLP, Corporate and Special Counsel for the Debtors, for Interim Allowance of Compensation and for the Reimbursement of Expenses for Services Rendered During the Period from June 1, 2015, Through September 30, 2015 for Ropes & Gray LLP, Special Counsel, Period: 6/1/2015 to 9/30/2015, Fee: $1,956,546.00, Expenses: $58,916.12.Filed by Spec. Counsel Ropes & Gray LLP (Attachments: # 1 Exhibit A – Retention Order # 2 Exhibit B – Compensation by Project Category # 3 Exhibit C – Disbursement Summary # 4 Exhibit D – Blended Hourly Rate # 5 Exhibit E – Schedule of Hours # 6 Exhibit F – Chart of Budgeted and Actual Fees # 7 Proposed Order) (Wilton, James) (Entered: 11/13/2015)
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.