The settlement agreement has been submitted for approval to the Honorable Robert E.
Gerber of the United States Bankruptcy Court for the Southern District of New York.
Distefano, Creditor Greensboro Drive Property LLC, Creditor State of New Jersey, Division of Taxation, Creditor Custom Hardware Engineering & Consulting, Inc., Creditor Ohio Department of Taxation, Creditor Fragomen, Del Rey, Bernsen & Loewy, P. Halwig, Unknown Law Debenture Trust Company of New York, as Trustee, Unknown8100 Professional Place, LLC ("8100"), Unknown Edenvale Associates, LLC, Unknown Unisys Corporation, Unknown City of Roseville California, Unknown Hewlett-Packard Company, Unknown Agency For Workforce Innovation, Unknown Alion Science and Technology Corp., Unknown Praxis Engineering Technologies, Inc., Unknown State of Rhode Island and Providence Plantations, Unknown Williams, Adley & Company, LLP, Unknown Wiley Rein LLP, Unknown Technology, Automation & Management, Inc., Unknown Mc Kinney & Associates PLLC, Unknown Nathan Associates, Inc., Unknown Lagan Technologies (Canada), Inc., Unknown Lagan Technologies, Inc., Unknown John Murray, Unknown Jeffrey S. Bricker, Unknown Gregory Speir, Unknown Wayne Connelly, Unknown Judith E. Fary, Unknown Dianna Knight, Unknown William Wade, Unknown Marina Mc Clelland, Unknown Toyota Material Handling U. A., Inc., Unknown Steven Lichtenstein, Unknown Ryan Buckner, Unknown Barbara Harriman, Unknown Peter Backus, Unknown Clerk's Office, Unknown Joanna Lewis, Unknown Myra P.
Bearingpoint inc liquidating trust
Under the settlement the Trust will receive $55 million, with no admission of liability and a release of claims by all parties.
"This settlement will generate a significant additional recovery for Bearing Point's creditors, and it culminates a multi-year effort to bring this litigation to resolution," said John De Groote, President of John De Groote Services, LLC.
P., Unknown State of Rhode Island Division of Taxation, Unknown Minister of Finance of the Republic of Indonesia, Unknown Budi Setiabudi, Unknown Astera Primanto Bhakti, Unknown R. Edwin Harbach, Unknown Edward Munson, Unknown Jill Kanin-Lovers, Unknown Spencer C.
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The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Gerber.
The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Bearing Point, Inc.
On February 6, 2014, a motion for authority to abandon assets of the debtor’s estate was filed in the bankruptcy case of Bearing Point, Inc. The filing was assigned docket number 2312 and is described on the court’s official docket as follows: Motion to Approve Bearing Point, Inc.
Liquidating Trust’s Abandonment and Destruction of Books and Records filed by Brent C.
LLC, Creditor Tennessee Department of Revenue, Creditor Travis County, Creditor Walnut & Third, Inc., Creditor Archon Technologies Inc, Creditor3M Health Information Services, Creditor3M Company, INC., Creditor New York State Department of Taxation and Finance, Creditor County of Santa Clara Tax Collector, Creditor Collaborative Consulting, LLC, Creditor Cedars Sinai Medical Center, Creditor Celgene Corporation, Creditor World Learning, Inc., Creditor Miami Valley Research Foundation, Creditor Weber State University, Creditor Unisys Corporation, Creditor Harris County, Creditor KPMG, LLP, Creditor General Dynamics Information Technology, Inc., Creditor Verizon Business Global, LLC, Creditor Honeywell International, Inc., Creditor Competitive Innovations, LLC, Creditor Simpler Consulting, Creditor Pitney Bowes Management Services, Inc., Creditor Deloitte Employee Group, Creditor The BHW Group, Creditor Northrop Grumman Corporation, Creditor Robbins-Gioia, LLC, Creditor Nuno and Nicola Fernandes, Creditor EMC Corporation, Creditor E'clat Consulting, LLC, Creditor Higher Education Professional Services LLC, Creditor UBS Securities LLC, Creditor Alion Science and Technology Corp.