Thursday, June 13, 2013

Reuters: Bankruptcy News: Judge bans bond insurer attorneys from San Bernardino bankruptcy

Reuters: Bankruptcy News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Judge bans bond insurer attorneys from San Bernardino bankruptcy
Jun 13th 2013, 22:27

By Tim Reid

LOS ANGELES, June 13 | Thu Jun 13, 2013 6:27pm EDT

LOS ANGELES, June 13 (Reuters) - The judge overseeing the bankruptcy of San Bernardino, California, on Thursday disqualified a law firm from representing a major bond insurer in the case, because some of its lawyers had "switched sides" in the case.

Federal Bankruptcy Judge Meredith Jury said the law firm of Winston & Strawn can no longer represent one of the city's creditors, bond insurer National Public Finance Guarantee Corp.

She ruled that because Winston recently hired attorneys who had worked on the case for Calpers - the state pension fund and direct adversary of National in the proceedings - the entire firm of Winston Strawn was disqualified.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.