ML Servicing's Greenberg Suit Sent Back To State Court

Law360, New York (August 3, 2011, 1:58 PM EDT) -- An Arizona federal judge on Tuesday sent back to state court ML Servicing Co. Inc.'s suit against former securities counsel Greenberg Traurig LLP and one of its partners, saying the action contains malpractice and fiduciary claims that exist regardless of the ex-mortgage servicer's bankruptcy.

The suit, now residing in the Maricopa County Superior Court, is one of many linked to the fraud committed by defunct investment firm Radical Bunny LLC. In April, four managers of Radical Bunny were ordered by U.S. District Judge Susan R. Bolton...
To view the full article, register now.