Ch. 7 Trustee Wants Nearly $1M From Baker Hostetler

Law360, New York (May 26, 2010, 4:51 PM EDT) -- The Chapter 7 trustee overseeing the bankruptcy of thoroughbred horse breeder ClassicStar LLC wants Baker & Hostetler LLP to return $848,000 in legal fees, saying the firm did not benefit the debtor when it represented company executives in an illegal tax shelter matter.

In a brief filed Tuesday, Trustee James D. Lyon asked the U.S. District Court for the Eastern District of Kentucky to overturn a March 9 order from a bankruptcy court judge that granted Baker & Hostetler's motion for summary judgment.

“As a matter...
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