K&L Gates Sued For Malpractice Over $5M Ethanol Co. Deal

Law360, Dallas (January 4, 2013, 5:12 PM EST) -- Investors Group LLC sued its former firm K&L Gates LLP in Texas state court last week, alleging its attorney failed to secure proper waivers and releases for the company when he negotiated a $5 million settlement in a dispute over the sale of a biofuel manufacturer.

K&L Gates partner Paul Genender represented the company in a 2009 suit against several Ares Management Inc. subsidiaries and White Energy Partners LLC that alleged Investors Group, which had a 10 percent stake in White Energy, was wrongfully cut out...
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