Diamond Trustee Morgan W. Fisher proposes adding Kramon & Graham, P.A. and SC&H Group, Inc., and Shapiro Sher Guinot & Sandler to the Chapter 7 Process

There were a flurry of filings yesterday in Diamond‘s chapter 7 process with three having to do with new additions to, what feels like, the expanding team managing it all. Trustee Morgan W. Fisher submitted applications to hire:

  • Shapiro Sher Guinot & Sandler as Lead General Bankruptcy Counsel
  • Kramon & Graham, P.A. as Special Litigation Counsel
  • SC&H Group, Inc. as Financial Advisor and Litigation Support Consultant

Shapiro Sher Guinot & Sandler would join the Law Offices of Zvi Guttman, P.A. who had previously been approved to join the case and will replace Stearns Weaver Miller whose employment application is being withdrawn.

Shapiro Sher Guinot & Sandler would take over as lead general counsel with Guttman’s role declining though will still assist in the case in a limited capacity. There is a mention how there will be no duplication of services and both will “exercise billing judgment so that the estates are not double charged.”

According to the filing, Shapiro Sher Guinot & Sandler has extensive experience in “all aspects of bankruptcy cases, bankruptcy and commercial litigation, and corporate and commercial law.” They were contacted on March 1, 2026 and already began “extensive negotiations” with JPMorgan Chase Bank starting March 3.

Rates are:

Partners: $400.00 to $800.00 per hour
Associates: $350.00 to $405.00 per hour
Paralegals: $260.00 to $300.00 per hour

Kramon & Graham, P.A. is being proposed as the “Special Litigation Counsel” and focused on the litigation regarding Alliance Entertainment.

The Trustee believes that the Debtors have viable defenses to the Alliance claims and that the estates have viable, significant claims against Alliance. The Trustee believes that the potential recovery for the Debtors’ bankruptcy estates in the Alliance Litigation could be significant.

Kramon & Graham, P.A. will be paid a flat fee of $700,000 and then 25% of the gross recovery exceeding $2.8 million up and above the $700,000.

Finally, SC&H Group, Inc is looking to be brought on as “Financial Advisor and Litigation Support Consultant.” They will focus on the fiduciary duties under the Bankruptcy Code.

Robert L. Patrick, a Managing Director of SC&H, who will have primary responsibility for the services provided to the Trustee has extensive experience in bankruptcy financial advisory and litigation support planning and strategies (including, without limitation, avoidance action analysis, valuation work, insolvency analysis and general damages analysis) for individuals and entities both inside and outside of bankruptcy.

Their proposed hourly rates are:

Managing Director/Principal $525 – $700
Senior Manager/Manager $375 – $500
Senior/Staff $300 – $350

None of these additions are guaranteed, along with new financing proposed yesterday as well, interested parties can object and it all needs court approval. You can read all of the submitted motions below.


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