Winston & Strawn Faces DQ Bid In Calif. City Bankruptcies

Law360, Los Angeles (May 17, 2013, 9:59 PM EDT) -- Citing an alleged conflict of interest, the California Public Employees’ Retirement System told a California federal judge on Friday that Winston & Strawn LLP should be disqualified from representing a creditor in the Chapter 9 bankruptcies of the cities of Stockton and San Bernardino.

According to CalPERS, creditor National Public Finance Guarantee Corp.’s attorneys at Winston & Strawn recently recruited at least five lawyers who were representing CalPERS in the two bankruptcy cases from the Charlotte, N.C., office of K&L Gates LLP. Under those circumstances, CalPERS...
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