Skadden to Settle Fletcher Bankruptcy Case for $4.25 Million

, The Am Law Daily


While disputing a court-appointed trustee's claim that it had not "adequately" protected former client Alphonse "Buddy" Fletcher Jr.'s hedge funds and those who invested in them, Skadden, Arps, Slate, Meagher & Flom has agreed to pay $4.25 million to avoid any potential legal claims stemming from the bankruptcy of one of those funds.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202648207516

Thank you!

This article's comments will be reviewed.