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The collectors of the bankrupt crypto agency, Voyager Digital, face a $5.1 million invoice. The New York regulation agency McDermott Will & Emery is looking for compensation for authorized companies supplied from March 1 to Could 13, 2023, according to a submitting on July 3.

The substantial bill was charged to the “Official Committee of Unsecured Collectors,” in any other case often called the collectors of Voyager Digital, with an hourly fee of $1,026.76, encompassing a variety of authorized duties. The regulation agency was engaged in quite a lot of roles, together with guiding the committee by way of chapter proceedings, negotiating with debtors and different events and managing the required paperwork:

This marks McDermott Will & Emery’s third and closing bill, rounding up the full claimed compensation to $16.48 million since July 5, 2022. Voyager has reportedly paid $8.97 million of this sum.

The authorized value fallout doesn’t cease with McDermott Will & Emery. Kirkland & Ellis, one other authorized adviser, has additionally billed Voyager for $1.1 million for its April companies. The submitting that that is the “compensation within the quantity of $1,128,312.40, which is the same as 80% of the full quantity of cheap compensation for precise, crucial authorized companies that Okay&E incurred in reference to such companies in the course of the Payment Interval.”

These fees stem from Voyager’s bankruptcy announcement on July 5, 2022, amid the crypto lending turmoil that had the corporate declare liabilities between $1 to $10 billion.

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