GSC Trustee Defends Handling Of Kaye Scholer Ethics Deal

Law360, New York (May 13, 2013, 7:46 PM EDT) -- The U.S. trustee overseeing GSC Group Inc.'s New York bankruptcy defended herself Friday from criticism levied over her handling of a recent settlement with Kaye Scholer LLP over alleged ethics violations, blaming a miscommunication with the court.

U.S. Trustee Tracy Hope Davis submitted a letter of defense Friday in response to an in-court shellacking administered by U.S. Bankruptcy Judge Shelley Chapman, who blasted as “completely unacceptable" Davis' handling of a settlement with the firm over purported ethical lapses regarding its relationship with Capstone Advisory Services Inc....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.