The bankruptcies this week of a global information technology consultancy and a pair of medical device makers are the latest round of Chapter 11 filings to reveal the unpaid legal bills of several large firms.
Ciber Inc., a suburban Denver-based IT company that has fallen on hard times in recent years, filed for bankruptcy in Delaware on April 9. Ciber, which has secured a $45 million debtor-in-possession loan from Wells Fargo & Co. and a $50 million offer from France’s Cap Gemini for its North American and Indian assets, also owes $830,000 in attorney fees.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
