Schulte Roth Forced To Aid Platinum Partners Liquidators

By Ryan Boysen (November 1, 2018, 5:24 PM EDT) -- Schulte Roth & Zabel LLP must turn over documents relating to its former representation of two failed Platinum Partners hedge funds to the Cayman Islands-based liquidators who are now winding the funds down, a New York bankruptcy judge said Thursday over the firm's objections.

The liquidators filed a motion to compel last month. Schulte Roth has fought back on the grounds that producing those documents would be burdensome and expensive, and complicated by the funds' failure to pay legal fees for one year of Schulte Roth's representation.

Reiterating that argument in court, Schulte Roth's F. Barbara Gluck Reid used the business...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!