Bearingpoint liquidating trust agreement


21-Oct-2019 07:15

On 7 February 2007, Bearing Point announced that it had reached a settlement with Hawaiian Telcom due to issues with an IT system contract, paying the Hawaii telco million and erasing an additional million in previously submitted invoices.In exchange, Hawaiian Telcom released Bearing Point from any further liability.DALLAS, Mar 21, 2013 (BUSINESS WIRE) -- John De Groote Services, LLC, as Liquidating Trustee to the Bearing Point, Inc.Liquidating Trust, announced today that the Trust settled its lawsuit against former Directors and the former Chief Executive Officer of Bearing Point, Inc.During the third quarter of 2008, Bearing Point said its net loss was .5 million or

“This was a complex case, and we are satisfied that the matter was brought to a favorable conclusion.” The Mc Kool Smith team representing the Trust included attorneys Robert Manley, Lewis T. The firm has also won more describes as “one of the biggest law firm success stories of the past decade.” Mc Kool Smith represents leading clients in complex commercial litigation, intellectual property, bankruptcy, and white collar defense matters.The Trust was represented in the Director and Officer action by Whiteford, Taylor & Preston L. P., led by Kevin Hroblak and William Ryan, and Mc Kool Smith, P.C., led by Robert Manley and Lewis Le Clair, and Christopher Nolland, who served as Special Settlement Counsel to the Trust.On 31 January 2000, KPMG formally spun off the consulting unit as KPMG Consulting, LLC.

.14 a share, an improvement of .5 million compared to the third quarter of 2007.Bearing Point's shareholders' deficit was 9.2 million as of the close of the third quarter 2008.

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On 8 February 2001, the company went public on the NASDAQ market at a share under the ticker "KCIN." Over the next year and a half, the company acquired some of KPMG's country consulting practices, plus country practices and hiring from Arthur Andersen’s business consulting unit.Bearing Point's origins lie in the consulting services operations of KPMG, which were established as a distinct business unit in 1997.

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On 8 February 2001, the company went public on the NASDAQ market at $18 a share under the ticker "KCIN." Over the next year and a half, the company acquired some of KPMG's country consulting practices, plus country practices and hiring from Arthur Andersen’s business consulting unit.

Bearing Point's origins lie in the consulting services operations of KPMG, which were established as a distinct business unit in 1997.

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On 8 February 2001, the company went public on the NASDAQ market at $18 a share under the ticker "KCIN." Over the next year and a half, the company acquired some of KPMG's country consulting practices, plus country practices and hiring from Arthur Andersen’s business consulting unit.Bearing Point's origins lie in the consulting services operations of KPMG, which were established as a distinct business unit in 1997.

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