MacKeyser committee seeks court OK on employment of financial adviser

By Kali Hays

New York, Aug. 4 – MacKeyser Holdings, LLC’s official committee of unsecured creditors asked for authorization to hire Giuliano, Miller & Co., LLC as its financial adviser, according to an Aug. 4 filing with the U.S. Bankruptcy Court for the District of Delaware.

If approved, the hiring will be retroactive to July 1.

Giuliano will assist the committee in its analysis of MacKeyser’s financial situation, attend negotiations with the company and secured creditors and review any proposals related to a plan, asset sale or financing agreements, according to the motion.

The firm will charge hourly rates between $270 and $595 for its services and apply with the court for reimbursement of additional case expenses.

A hearing is scheduled for Sept. 3.

Las Vegas-based MacKeyser Holdings and operating affiliates American Optical Services, LLC and Exela Hearing Services, LLC manage integrated eye care and hearing systems providers. The company filed for bankruptcy on June 20 under Chapter 11 case number 14-11550.

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