Ex-BearingPoint Execs Ask For NY Trial Venue

Law360, New York (January 4, 2011, 8:18 PM EST) -- BearingPoint Inc.'s former CEO and eight former directors argued Tuesday that a $2 billion case over the potential sale of the technology consulting company should proceed in a New York bankruptcy court rather than a Virginia state court.

In a joint opposition brief, former CEO F. Edwin Harbach and the former directors said the U.S. Bankruptcy Court for the Southern District of New York had exclusive jurisdiction and could efficiently manage the contemplated action, in which the firm's liquidating trustee would accuse the executives of breaching...
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