JMO Wind Down, Inc.

  1. July 27, 2016

    Jumio Equity Committee OK'd To Hire K&L Gates, Pachulski

    Equity security holders of bankrupt software developer Jumio Inc. received court approval Tuesday to retain attorneys with K&L Gates LLP and Pachulski Stang Ziehl & Jones LLP, a day after the company agreed to withdraw its objections to the retentions as part of a complex global settlement.

  2. July 25, 2016

    Jumio Avoids Ch. 7 Conversion With Complex Settlement

    Software developer Jumio Inc. told a Delaware bankruptcy judge on Monday that it will not be converting its case to a Chapter 7 liquidation if the company and other stakeholders honor the terms of a complex settlement agreement.

  3. May 27, 2016

    Bankrupt Jumio Fights Against Paying K&L Gates, Pachulski

    Jumio Inc. on Friday pushed for its case to be converted to a Chapter 7 liquidation after its sale price came in at only $850,000, and argued that the bankruptcy estate should not have pay the bills for shareholders’ counsel K&L Gates LLP and Pachulski Stang Ziehl & Jones LLP.

  4. May 02, 2016

    Ex-Jumio CFO Seeks D&O Coverage Amid Securities Probe

    The former chief financial officer and general counsel of bankrupt identification verification company Jumio asked a Delaware bankruptcy judge Monday to rule he is covered by the company's directors and officers insurance policy against possible defense costs related to Jumio's Chapter 11 case and a government investigation into the sale of company stock.

  5. April 29, 2016

    Jumio Delays Auction For Talks With Multiple Bidders

    The sale of software developer Jumio Inc. has been delayed by a week so the bankrupt company can continue talks with multiple potential bidders, an attorney said on Friday at a status conference on the company's Chapter 11 case.

  6. April 21, 2016

    Ex-Board Member's Credit Bid For Bankrupt Jumio Put Off

    Bankrupt software developer Jumio Inc. reached an agreement with Facebook co-founder Eduardo Saverin and an equity committee Thursday to defer a decision on the former board member's ability to credit bid for the company until after an auction next week.

  7. April 12, 2016

    Jumio's DIP Approval Delayed To Consider Equity Committee

    A Delaware bankruptcy judge reluctantly adjourned a second-day hearing Tuesday in the Chapter 11 reorganization of identity verification company Jumio Inc., saying that it would be appropriate to wait until the U.S. trustee decides on the formation of an equity committee.

  8. April 08, 2016

    Bankrupt Jumio Says Objectors To Takeover Are Mudslinging

    Bankrupt identify verification startup Jumio on Thursday defended the proposed $22.6 million sale of its assets to financial backer and Facebook co-founder Eduardo Saverin, saying in Delaware bankruptcy court that objections to a proposed auction amount to little more than "hyperbolic mudslinging."

  9. April 05, 2016

    Jumio Stakeholders Fight Facebook Co-Founder Takeover Bid

    Stakeholders in Jumio, an identity verification startup that filed for bankruptcy last month, are fighting Facebook co-founder Eduardo Saverin's attempt to purchase the company, saying Wednesday in Delaware court papers that Saverin wants to "hijack" Jumio's assets by tilting a proposed auction in his favor.