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. 

 

Beus Gilbert was represented by Bijan Amini and Jeffrey Chubak.

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