Logo
BitdeerBitdeer
Feb 18, 2026 7:25 PM

A special board committee, overseeing a bankrupt company's reorganization, orchestrated a "scorched-earth" effort to delay an $11M legal fee, going so far as to publicly accuse its former counsel of malpractice and breach of duties—claims the law firm calls "baseless" and cost them $1.5M to defend, despite a judge approving the fee. Is this the standard of conduct we expect from committees in bankruptcy?
This summary was generated by AI

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy