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GSC Trustee Wants Kaye Scholer Fees Slashed

Law360 (March 15, 2011, 1:53 PM EDT) -- The U.S. trustee overseeing investment firm GSC Group Inc.'s bankruptcy proceedings in New York said Friday that fee requests from Kaye Scholer LLP and financial adviser Capstone Advisory Group LLC should be cut down because the proceedings have stalled.

In a motion filed in the U.S. Bankruptcy Court for the Southern District of New York, U.S. Trustee Tracy Hope Davis also said the fee and expense reports submitted by the two firms for the period between Aug. 31 and Nov. 30 did not conform with established...
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