Galvex Trustee Objects To Attorneys' Payment Request

Law360, New York (August 23, 2006, 12:00 AM EDT) -- The U.S. Trustee overseeing Galvex Capital Ltd.’s Chapter 11 case has objected to a payment request from attorneys for the steel company’s unsecured creditors committee, complaining that Galvex Capital LLC hasn’t complied with its obligations to report and pay quarterly fees to the Trustee.

The “limited objection,” filed Wednesday on behalf of U.S. Trustee Diana G. Adams, stated that four of the five Galvex debtors have kept up with their reporting obligations and fee payments. Galvex Capital LLC is the exception.

“It has not reported disbursement...
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