Galvex Capital Seeks to Retain Counsel

Law360, New York (February 24, 2006, 12:00 AM EST) -- Galvex Capital LLC’s committee of unsecured creditors requested the retention of its counsel, DLA Piper Rudnick Gray Cary US LLP, in a strategic move to help the company emerge from Chapter 11 bankruptcy.

The company filed a motion with the U.S. Bankruptcy Court in Manhattan on Feb. 23, assigning Thomas R. Califano as the case principal to assist creditors of the struggling steel galvanizing giant.

Partner Califano will be compensated between a range of $610-$650 per hour, according to court documents. Counsel members will receive $550...
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