The trustee of a bankrupt hedge fund created by Alphonse Fletcher is seeking the return of more than $975,000 in legal fees paid to Kasowitz, Benson, Torres & Friedman, money the trustee claims was funneled out of the bankrupt fund for Fletcher’s personal litigation fees (See Complaint).
Richard Davis, the trustee of the hedge fund, Fletcher International Ltd., said in Davis v. Kasowitz, 13-01527, in the Southern District Bankruptcy Court, that the debtor paid the fees to Kasowitz, which represented Fletcher in litigation against a well-known Manhattan co-op, the Dakota. In pending litigation in Manhattan Supreme Court, Fletcher has claimed, among other things, that the co-op discriminated against him based on his race in its refusal to approve his application to purchase an apartment next to his own. Kasowitz withdrew from the case and last month sued Fletcher, claiming he still owes the firm about $2.3 million. The firm said Fletcher already had paid Kasowitz $998,534 in fees.
