U.S. Trustee William K. Harrington challenged SunEdison’s application to employ turnaround consultant McKinsey Recovery & Transformation Services in its chapter 11 case Thursday, telling a New York bankruptcy court that the government needs more information to determine if a possible conflict of interest could bar the hire, Law360 reported on Friday. Harrington said that the application to retain McKinsey doesn’t comply with disclosure requirements under the U.S. Bankruptcy Code and includes “numerous vague and amorphous connections to creditors and other major parties in interest.” Based on the current filings, Harrington said that the government cannot determine whether a potential conflict of interest exists.
