Dutch Bankruptcy Trustees Hit Qwest With RICO Suit

Law360, New York (January 28, 2009, 12:00 AM EST) -- Qwest Communications International Inc. and three former executives have been slapped with a complaint by two bankruptcy trustees for Qwest's Dutch joint venture KPNQwest NV who allege that the defendants' fraud and mismanagement drove KPNQwest into ruin.

The 192-page complaint was filed Tuesday in the U.S. District Court for the District of Colorado, against Qwest Communications, former Chief Executive Joseph P. Nacchio, ex-Chief Financial Officer Robert S. Woodruff and John A. McMaster, who also served as the company chief executive at one point.

KPNQwest bankruptcy trustees...
To view the full article, register now.