Kirkland & Ellis LLP secured approval to represent Invitae Corp. in bankruptcy after a judge overruled objections from the Justice Department and junior creditors claiming the firm has a conflict of interest.
“The record supports a finding that Kirkland is disinterested,” Judge Michael Kaplan of the US Bankruptcy Court for the District of New Jersey said at a hearing in the genetic testing company’s Chapter 11 case Tuesday.
The ruling resolves a contentious issue in a bankruptcy case that’s moving fast. Kaplan also informally approved Invitae’s $240 million sale to Labcorp Genetics Inc. on Tuesday. Invitae expects to file a ...
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