Mayer Brown Rowe & Maw is facing a $245m (£119.5m) lawsuit from a former creditor of Refco, the futures broker on whose 2005 bankruptcy the Chicago-based law firm advised, it emerged yesterday (26 July). Thomas H Lee Partners (THL) - which acquired a controlling stake in Refco in 2004 - filed a claim in New York alleging that Mayer Brown had failed to inform it of the true state of Refco's finances.
July 27, 2007 at 10:52 AM
1 minute read
The original version of this story was published on Legalweek
Mayer Brown Rowe & Maw is facing a $245m (£119.5m) lawsuit from a former creditor of Refco, the futures broker on whose 2005 bankruptcy the Chicago-based law firm advised, it emerged yesterday (26 July).
Thomas H Lee Partners (THL) – which acquired a controlling stake in Refco in 2004 – filed a claim in New York alleging that Mayer Brown had failed to inform it of the true state of Refco’s finances.
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