Vinson & Elkins Rejected Again as Enviva Bankruptcy Counsel (1)

Vinson & Elkins LLP’s second attempt to remain as bankruptcy counsel for wood-pellet maker Enviva Inc. was rejected after a judge found that new protocols it instituted weren’t enough to overcome potential conflicts.

The law firm’s request for reconsideration was rejected in an opinion Tuesday by Judge Brian F. Kenney of the US Bankruptcy Court for the Eastern District of Virginia. The firm was booted in May as bankruptcy counsel for Enviva because it’s also represented the company’s largest equity holder, Riverstone Investment Group LLC, in matters outside of the bankruptcy.

Kicking a firm off as counsel to a bankrupt ...