“The representation of the Trustee in this case has been particularly complex due to the individuals involved in the company’s operations and [the] intentionally illicit, ‘gangster-style’ business operations of the debtor,” stated a Kaye Scholer bankruptcy case fee application.
Scholer cites expenses used to recover assets Knight intentionally hid as a large contributor to the $6.8 million tab.
Those assets allegedly included “a Malibu home, that Knight transferred to friends in an effort to shield those assets from creditors, a secret storage locker in Michigan that contained a ‘treasure trove’ of unreleased songs by famous Death Row artists [and] other secret tracks–and records of hidden bank accounts–stashed in a southern California warehouse.”
Kaye Scholer joins a list of creditors that includes Death Row co-founder Lydia Harris and the Internal Revenue Service.
Via Hip Hop DX.
