Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[thelionwarrior]

"On May 22, 2020, the Debtors filed the Application seeking to employ AlixPartners
as Financial Advisor. The Application provides AlixPartners is a “disinterested person” ....

"The Supplemental Declaration reveals there are (3) unidentified Parties in
Interest/Confidential Parties that are subject to non-disclosure agreements as either potential
lenders or potential buyers that were not included on the Interested Parties list. One of the parties
has a connection with AlixPartners"

"Section 327 of the Bankruptcy Code provides that the debtor in possession may
employ, with court approval, professionals who are disinterested and who do not hold or represent
interests adverse to the estate. 11 U.S.C. § 327. Bankruptcy Rule 2014 imposes a duty of disclosure
so that courts and parties can determine whether the prospective professional satisfies section 327’s
ethical requirements."

Looks like it's about to hit the fan! Far as I'm concerned it appears they misled everyone and therefore the whole bankruptcy process should be tossed if true. They were clearly representing another figure that they did not disclose.