Moving swiftly, a two-judge panel of the 2nd Circuit heard an appeal Thursday of an order issued on the eve of trial disqualifying Debevoise & Plimpton as counsel for MetLife in an $8 billion class action. Eastern District of New York Judge Thomas C. Platt on Tuesday issued the order disqualifying Debevoise, which represented MetLife during its conversion in 2000 from a mutual company to a publicly traded stock company, and has handled litigation arising from the conversion ever since.
$8 Billion Class Action Against MetLife Stalled as Members Press to Disqualify Debevoise
New York Law Journal
September 4, 2009