Orrick, Herrington & Sutcliffe is voluntarily returning nearly $96,000 to the state of Nevada that it was accused of having been overpaid. But the firm is disputing the findings of a May audit that concluded that Orrick profited from improperly handled state funds for its work on the state's college savings program. In a response sent to the state, Orrick partner James Houpt called contracts between the firm and the state "indisputably ambiguous."
July 06, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Orrick, Herrington & Sutcliffe is voluntarily returning nearly $96,000 to the state of Nevada that it was accused of having been overpaid.
But the firm is disputing the findings of a May 14 audit that concluded that Orrick profited from improperly handled state funds for its work on the state’s college savings program.
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