Thu 05/30/2024 15:03 PM
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Opinion

Today Judge Brian F. Kenney of the Eastern District of Virginia sustained the U.S. Trustee’s objection to the Enviva debtors’ retention of Vinson & Elkins as bankruptcy counsel, concluding that the firm’s concurrent representation of 43% equityholder Riverstone Investment Group in unrelated matters creates an “actual conflict of interest” for the firm. Vinson & Elkins “cannot be expected to negotiate a Plan that contravenes the interests of its $14...
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