Davis Polk, BigLaw Brethren Rack Up Billables On MBS Deals
By Stephanie Russell-Kraft ( February 26, 2015, 7:19 PM EST) -- Morgan Stanley's announcement Wednesday that it would pay $2.6 billion to end a Department of Justice investigation into its mortgage-backed securities deals is just the latest in a series of blockbuster government settlements that have kept a slew of big law firms like Morgan counsel Davis Polk & Wardwell LLP busy since the 2008 financial crisis....
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