Oct 9, 2015 ... Litigation Trustee under the Comdisco Litigation Trust, ... John W. Costello, not
individually but solely as the Trustee for the Comdisco Litigation ...
John B. Alsterda (argued), Davis McGrath, Chicago, IL, Jonathan W. Young (
argued) ... The Trust assets eventually included not only the subrogation rights,
but also the notes. ... the creation of the Litigation Trust and the appointment of a
trustee. ... the settlement between Comdisco and the Lenders, in which the rights
Jan 12, 2013 ... But Comdisco's Chapter 11 saga lives on—5,128 docket entries and ... The
case's litigation trustee continues to seek nearly $40 million from ex-CEOs ... “We
may have been fat cats at one point, but we're not any ... Trustee John Costello,
65, and his law firm have been paid $9.2 million through October.
A question that commonly arises in trust litigation is whether a trustee can use
trust ... then-existing versions of the trust code — that a trustee could not use trust
funds to pay ... Under that amendment, a trustee can use trust funds to pay legal
fees ... But how can she take that position without being in conflict with Thomas?