Debtwire - ION Analytics
Bankruptcy and Restructuring partner Brya Keilson has been featured in a recent Debtwire article. The piece, titled "An Interest in Disinterestedness: Court Rejects Enviva Attempt to Hire Vinson & Elkins, Spotlighting Bankruptcy Retention Battles," delves into the scrutiny and challenges of retaining professional services in Chapter 11 cases.
In the article, Brya discusses the critical importance of transparency in disclosing connections and potential conflicts of interest. She notes, "Failure to disclose connections or conflicts is one of the most common causes of a denied retention application. If there is even a small chance that a connection could lead to a conflict, it is always better to disclose that connection."
Brya’s experience as a former trial attorney for the Office of the US Trustee in Region 3 provides a valuable perspective on these issues. Her insights highlight the careful balance firms must strike to adhere to the disinterestedness standards set by the US Bankruptcy Code.
Full article available on Debtwire, a service of ION Analytics.