Epiq Corporate Restructuring, Omni Agent Solutions Inc. and Stretto Inc. agreed to repay a total of $900,000 to bankrupt companies they’ve worked for to resolve a call for sanctions by the Justice Department for sharing creditor claims information with a market-making platform.
The three claims agent filed a joint motion Monday with the DOJ’s bankruptcy monitoring division—the US Trustee—detailing a proposed settlement over previously undisclosed agreements they held with XClaim Inc. The companies are often hired in large Chapter 11 cases to process paperwork and provide case-related information to creditors
The US Trustee in January urged the US Bankruptcy Court ...
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