Law360, New York (September 15, 2011, 2:29 PM ET) -- An attorney for Infinity Capital Management Ltd. on Thursday told a New York judge that Sidley Austin LLP should face legal malpractice allegations after abandoning the hedge fund manager when it faced a crippling margin call from fellow firm client Citigroup Inc.
The law firm didn't tell its European client that Citigroup — which served as the prime broker, custodian and administrator of Infinity's hedge fund — was also a client until Infinity asked it to referee when Citigroup demanded the margin call and ultimately cost...
$12M Sidley Austin Malpractice Suit Not Time-Barred: Atty
To view the full article, take a free trial now.

