Mayer Brown Case To Shed Light On Lawyer Liability

Law360, New York (October 13, 2009, 5:45 PM EDT) -- If plaintiffs in the Refco securities litigation succeed in appealing the dismissal of Mayer Brown LLP and one of its lawyers from the case, securities lawyers arguing before the U.S. Court of Appeals for the Second Circuit may find themselves liable for statements they wrote anonymously.

In March, Judge Gerald Lynch of the U.S. District Court for the Southern District of New York ruled that Mayer Brown and Joseph Collins, the lawyer at the firm who was in charge of its Refco account and wrote a...
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