Foley & Lardner Gets Green Light For Peregrine Liquidation

Law360, Chicago (August 21, 2012, 3:47 PM EDT) -- An Illinois bankruptcy judge gave Peregrine Financial Group Inc.'s liquidating trustee approval on Tuesday to retain Foley & Lardner LLP, which has represented Peregrine in the past, as his special commodities counsel to help dismantle the brokerage firm.

In a motion granted by U.S. Bankruptcy Judge Carol A. Doyle, Peregrine's Chapter 7 trustee Ira Bodenstein said that he selected Foley, whose Peregrine team will be lead by partners Geoffrey S. Goodman and Kathryn M. Trkla, largely thanks to the firm's work in connection with the major...
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