On May 1, 2024, the Bankruptcy Court granted the Committee’s application to employ Burns Bair LLP (“Burns Bair”) as the Committee’s special insurance counsel. The Court authorized Burns Bair to assist the Committee with, among other things, analyzing the insurance policies of the debtor and obtaining insurance recoveries.
Monthly Archives: May 2024
Employment of Stout Risius Ross, LLC as the Committee’s Valuation Expert
On May 1, 2024, the Bankruptcy Court granted the Committee’s application to employ Stout Risius Ross, LLC (“Stout”) as the Committee’s valuation expert. Stout will provide expert assistance to the Committee with respect to the value of survivor claims and the allocation of the Debtor’s insurance to survivor claims. Stout’s expert services will play a critical role in ensuring that survivors are fairly compensated by the Debtor and its insurers.