McCarter Faces Clawback Suit In Getty Petroleum Ch. 11

Law360, New York (January 9, 2014, 2:26 PM EST) -- The liquidating trustee for defunct petroleum company Getty Petroleum Marketing hit law firm McCarter & English LLP with a clawback suit in New York bankruptcy court on Wednesday in an attempt to recover payments made by Getty to the firm while Getty was insolvent.

Trustee Alfred T. Giuliano filed a complaint within the company’s Chapter 11 proceedings in an attempt to get back at least $50,000 paid to the law firm on Sept. 30, 2011, which was within the 90-day period immediately preceding the filing of...
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