Testimonial

This testimonial by Judge Mitchell distinguishes Stratis Voutsas, our firm's Principal Tax Strategist, as one of the nation's most effective tax strategist and forensic accounting analysts.

Chapter 11 Bankruptcy Estate: (Aug. 95 – Dec. 96)

Debtor: Urban Broadcasting Corporation
Creditors: QVC, Home Shopping, Silver King Broadcasting

At Stake:

Last on air television station/license in the DC metro area representing 2% of the National Market

Lead Attorneys:

For Debtor: Shaw Pittman
For Creditor: Venable

Other Attorneys:

Every Bankruptcy Attorney listed in the 1997 issue of Washingtonian Magazine

THE COURT: “Again, I have reviewed the fees. And for the same reasons that I indicated on the record when I approved the other fee applications over the objection of Mr. White, I find that Mr. Voutsas' services were necessary and benefited the estate. And that's probably even more so of Mr. Voutsas than some of the other professionals, because, quite frankly, without his testimony, I don't believe I could ever have made a finding that the Debtors plan was feasible and, without his testimony, the objection filed by Home Shopping Network and Silver King Broadcasting would probably have been sustained. And what would have resulted would have been the confirmation of the Creditor's Committee’s plan. …On that basis I am approving his fee application."
Judge Mitchell, of the United States Bankruptcy Court for the Eastern District of Virginia