January 31, 2014
A Delaware bankruptcy judge slashed Baker & McKenzie LLP's $1 million fee request in the Rotech Healthcare Inc. Chapter 11 by $300,000 on Friday, ruling that the law firm ran up an "unreasonable" professional fee tab while it represented the ultimately out-of-the-money equity committee.
January 21, 2014
Reorganized Rotech Healthcare Inc. on Friday continued to blast Baker & McKenzie LLP's request for more than $1 million for work on its Chapter 11 proceeding, saying the U.S. trustee's finding that the firm had a conflict of interest may be the tip of the iceberg and the fee request should be quashed.
November 21, 2013
The reorganized Rotech Healthcare Inc. in Delaware bankruptcy court Monday filed a supplemental objection to Baker & McKenzie LLP's request for more than $1 million in fees, saying the firm withheld a significant conflict of interest with a Rotech lien holder from the court.
November 13, 2013
The reorganized Rotech Healthcare Inc. in Delaware bankruptcy court Tuesday filed an objection to Baker & McKenzie LLP's request for more than $1 million in fees, saying the firm hadn't provided the estate with any value during the bankruptcy proceedings.
August 29, 2013
A Delaware bankruptcy judge confirmed Rotech Healthcare Inc.'s Chapter 11 plan Thursday, blessing a reorganization that will see the medical equipment supplier exit court protection with a healthier balance sheet.
August 26, 2013
A Delaware bankruptcy judge ruled Monday that Rotech Healthcare Inc. is not solvent enough to provide a recovery for equity holders, leading the U.S. Trustee's Office to say it will disband the equity committee and likely putting an end to months of bitter battles in the case.
August 16, 2013
A Delaware bankruptcy judge allowed Baker & McKenzie LLP and Bifferato LLC to withdraw as counsel for the equity committee in the Rotech Healthcare Inc. bankruptcy case Friday over the "strong" objections of committee members who want to push forward and challenge confirmation of the Chapter 11 plan.
August 14, 2013
Bankrupt Rotech Healthcare Inc. late Tuesday asked for a summary judgment that the case's equity committee be dissolved, arguing that the committee's recent valuation report on the company's solvency make it a "legal impossibility" for the court to find it solvent.
August 12, 2013
Rotech Healthcare Inc. shareholders asked a Delaware bankruptcy judge Monday to nix a $57 million "make-whole" claim asserted by creditors of the medical device supplier, saying the premium must be disallowed because the amount is patently unreasonable.
August 08, 2013
Equity holders of Rotech Healthcare Inc. tore into the medical equipment provider's Chapter 11 plan Thursday, saying the proposed reorganization discriminates against shareholders and was not developed in good faith.