O’Melveny & Myers has been left red-faced after being forced to apologise to a US bankruptcy judge for a discovery “mishap” in which the firm failed to turn over more than 700,000 emails to the bankruptcy examiner, writes The Recorder.

According to a report issued by the examiner last week, subprime lender New Century Financial and its outside restructuring attorneys at O’Melveny misled a bankruptcy examiner about funds that may belong to creditors.