Gupta Fights Goldman's Bid For $7M In Fees

Law360, New York (December 14, 2012, 9:33 PM EST) -- Former Goldman Sachs Group Inc. director Rajat Gupta on Friday shot back against the investment banking giant's bid for him to pay its $7 million in legal fees and costs, saying it hadn't shown enough proof that those fees could be recovered.

In a memorandum filed in New York federal court, the convicted executive says the company didn't provide detailed evidence supporting its claim that the legal expenses could be recovered, which he argues it can do only if it shows the costs are necessary in...
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