GSC Can Get Black Diamond Info Over Ch. 11 Plan Voting

Law360, New York (November 15, 2011, 4:32 PM EST) -- A New York bankruptcy judge on Tuesday allowed GSC Group Inc.'s Chapter 11 trustee to interview employees of Black Diamond Capital Management LLC about whether the private equity firm crossed the line with its supposed crusade to derail his reorganization plan.

U.S. Bankruptcy Judge Arthur J. Gonzalez granted a motion by trustee James L. Garrity to take depositions and obtain documents pertaining to his accusation that, in its effort to garner support for its own plan, Black Diamond allegedly directed its employees — many of whom...
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