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A New York appeals court has sanctioned Sullivan & Cromwell for engaging in "frivolous conduct" in its defense of a proposed class action over credit card late fees. The court fined the firm for failing for nine months to inform either plaintiffs counsel or the court of a settlement in a California class action involving identical claims. By sanctioning an elite firm, plaintiffs attorney Jeremy Heisler said, "The court was serving notice that, high or low, you will be held to a uniform code."
June 02, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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