The entire magic circle is facing the threat of breach of confidentiality claims after being ordered to hand over thousands of documents related to the controversial bankruptcy of Enron.

The New York bankruptcy court handling Enron is in the process of issuing subpoenas to Clifford Chance (CC), Freshfields Bruckhaus Deringer, Linklaters, Slaughter and May and the Allen & Overy (A&O) allied Luxembourg firm Beghin & Feider.