GSC Group, Inc.

  1. December 16, 2013

    Kaye Scholer Wins $4.2M Attys' Fees In GSC Bankruptcy Row

    A New York bankruptcy judge rejected allegations that Kaye Scholer LLP violated ethical rules in its Chapter 11 bankruptcy representation of investment firm GSC Group Inc., approving on Thursday a reduced fee request of $4.2 million for the firm's work.

  2. May 14, 2013

    US Trustee, Capstone Throw Last Punches In GSC Ethics Row

    The U.S. Trustee's Office and Capstone Advisory Group LLC on Tuesday took their final swipes at each other over the trustee's allegations of the firm's ethical violations in GSC Group Inc.'s bankruptcy, a case the judge said was fraught with "massive, massive inattention to detail."

  3. May 13, 2013

    GSC Trustee Defends Handling Of Kaye Scholer Ethics Deal

    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.

  4. April 23, 2013

    Kaye Scholer, US Trustee Eke Out $1.5M GSC Settlement

    The U.S. Trustee's Office on Monday went through with its $1.5 million settlement resolving Kaye Scholer LLP's alleged ethics violations in GSC Group Inc.'s bankruptcy after finagling its way around a judge's probable rejection of the deal.

  5. April 16, 2013

    Kaye Scholer Says Fund's Claims Imperil Deal In GSC Row

    Kaye Scholer LLP on Monday pushed for approval of its $1.5 million settlement with the government over alleged ethics violations in GSC Group Inc.'s bankruptcy, but the firm suggested it will back out of the deal if it is forced to defend related claims from an objecting hedge fund.

  6. April 09, 2013

    Kaye Scholer Threatened With Trial In GSC Ethics Row

    The U.S. Trustee's Office upped the ante Monday on proposed settlements with law firm Kaye Scholer LLP and consulting firm Capstone Advisory Group LLC, threatening to take the firms to trial if they don't agree to handle future cases differently after their alleged ethical violations related to the GSC Group Inc. Chapter 11 case. 

  7. March 29, 2013

    Kaye Scholer Says GSC Can't Seek Sanctions After Settlement

    Kaye Scholer LLP urged a New York bankruptcy court Friday to toss GSC Group Inc. and Black Diamond Capital Management LLC's bid for sanctions against the firm, saying a $1.5 million settlement it reached with the U.S. trustee in February barred the motion.

  8. February 15, 2013

    Kaye Scholer Settles GSC Ethics Row For $1.5M

    Kaye Scholer LLP on Friday reached a $1.5 million settlement with the U.S. trustee's office, which had sought to oust it from GSC Group Inc.'s Chapter 11 bankruptcy case for alleged ethical violations and false statements to the court.

  9. February 12, 2013

    US Trustee Wrests $1.2M From GSC Advisers Over Fee-Sharing

    Capstone Advisory Group LLC and a financial expert settled with the U.S. Trustee's office Monday over an undisclosed fee-sharing arrangement between the advisers in GSC Group Inc.'s bankruptcy, agreeing to give up nearly $1.2 million in fees combined.

  10. February 07, 2013

    Kaye Scholer Can't Keep GSC Fees After Missteps: Trustee

    The trustee for investment management firm GSC Group Inc. fired back Thursday at Kaye Scholer LLP in a battle over fees it earned from GSC's Chapter 11 bankruptcy in New York, saying Kaye Scholer's admitted mistakes were serious enough to force it to pay back the fees.

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