$400,000 more Sought from Diamond for Professional Fees for Chapter 11 Management
Diamond‘s Chapter 11 process soon goes to its next phase as it changes into Chapter 7. Through the year, professionals, consultants, services, and lawyers guided Diamond through the process billing millions in the process. As of the end of October, over $12 million has been paid to six businesses managing the process for them.
Two of those have filed today more for compensation and reimbursement:
Getzler Henrich & Associates
Compensation: $215,141.50
Reimbursement: $4,924.93
Saul Ewing LLP
Compensation: $210,224 (80% of which is $168,179.20)
Reimbursement: $,9220.33
Total: $397,465.96
That’s money not going to creditors like comic publishers.
