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January 31, 2018
In re Magnesium Corporation of America
U.S. Bankruptcy Court for the Southern District of New York
Storch Amini represented Beus Gilbert PLLC, special counsel to the chapter 7 trustee, in connection with its application for payment of its $88 million contingency fee (41% of gross recoveries from a separate litigation). Following argument, the Court granted the fee application in full over the objections of an ad hoc bondholder group and the judgment debtor in the underlying litigation.