Bricolage Trustee Wins Access In Proskauer Probe

Law360, New York (May 25, 2010, 5:00 PM EDT) -- A bankruptcy judge has agreed to require Proskauer Rose LLP to produce additional documents requested by the now-liquidating asset management firm Bricolage Capital LLC regarding advice over certain investment vehicles that ran afoul of the Internal Revenue Service.

Judge James Peck issued an order from the bench Tuesday in the U.S. Bankruptcy Court for the Southern District of New York granting “reasonable discovery,” despite Proskauer’s contention that it has already produced more than 11,000 pages of documents from past requests.

The judge agreed to impose a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.