White & Case LLP said it hasn’t been paid by a major shareholder of Linqto Texas LLC for its services provided during the fintech startup’s bankruptcy.
Sapien Group USA LLC, an Australian investment firm, hired White & Case in August to form and represent a shareholder group. After a bankruptcy court denied the request to recognize the group as an official committee two months later, Sapien failed to pay the incurred professional fees, the firm said in a Thursday filing in the US Bankruptcy Court for the Southern District of Texas.
“Sapien has refused for months to respond to inquiries ...