Bryan Cave Battles $100M Malpractice Suits

Law360, New York (August 29, 2011, 7:27 PM EDT) -- Bryan Cave LLP on Friday challenged a California bankruptcy judge’s refusal to let the firm withdraw its claims for $280,000 in fees in Estate Financial Inc.’s Chapter 11 cases now that it faces $100 million malpractice suits from trustees for allegedly enabling the fraud that ruined the lender and put its founders in jail.

The firm appealed to the district court to withdraw its proofs of claim in the bankruptcy cases for Estate Financial and its subsidiary mortgage fund — its former clients — after the...
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