Goldin Settles Spat Over WRT Liquidation Trust

Law360, New York (November 23, 2009, 4:22 PM EST) -- Turnaround consulting firm Goldin Associates LLC has agreed to pay $287,500, along with certain attorneys' fees and expenses, to settle allegations that it breached its fiduciary duties as overseer of WRT Energy Corp.'s liquidation trust.

The settlement was approved Friday by Magistrate Judge C. Michael Hill of the U.S. District Court for the Western District of Louisiana.

In a joint motion for approval of the settlement, filed three weeks earlier, the parties said they agreed to settle because the litigation had delayed final distribution of the...
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