Creditors of bankrupt crypto lending platform Voyager Digital will pay more than $5 million for the third interim fee period, which ended in mid-May.
In total, McDermott Will & Emery has charged the Voyager creditors’ group roughly $16.5 million for its services for less than a year.
Legal Expenses
McDermott Will & Emery, the law firm that represents the Official Committee of Unsecured Creditors in the bankruptcy case of cryptocurrency platform Voyager Digital Holding Inc., has billed the creditors’ group $5.17 million for the third interim fee period of 1 March 2023 and 18 May 2023.
For the entire fee period from 22 July 2022 to 18 May 2023, the law firm has billed the creditors’ group $16.48 million.
Initially, $11.2 million was earmarked to be paid to the law firm for its services. So far, the creditors’ group has paid out $8.9 million. A big part of the bill – $1 million – accrued on planning and disclosure settlement. Discussing sale options, meeting buye
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