Legal Week Global reports
March 07, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Jenkens & Gilchrist is to fork out $75m (£40.6m) to settle a class action lawsuit brought by some former clients over the firm’s role in advising on controversial US tax shelters.
The settlement, one of the largest offered by a major US law firm, stems from two class actions brought last August in New York against Jenkens by plaintiff firms Cory Watson Crowder & DeGaris and Shore Deary.
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