Judge Set to Sign Off on Dreier Settlements

A federal judge is set to approve proposed settlements involving the estates of disbarred attorney Marc Dreier and his defunct firm. Last month, prosecutors and trustees charged with liquidating the estates asked a judge's approval of the agreements, including one with GSO Capital Partners. Under the agreements, Sheila Gowan of Diamond McCarthy, the Dreier trustee, would refrain from challenging the collection of some forfeited funds and receive certain property in return.