Kaiser Fights Malpractice Loss Against Squire Sanders

Law360, New York (August 25, 2010, 12:45 PM EDT) -- Kaiser Group International Inc. has appealed the dismissal of its malpractice suit alleging Squire Sanders & Dempsey LLP failed to warn the bankrupt company that a particular class of creditors had the right to seize hundreds of thousands of shares of the reorganized entity.

Thomas G. Macauley of Zuckerman Spaeder LLP filed a notice of appeal on behalf of Kaiser in the U.S. Bankruptcy Court for the District of Delaware on Tuesday.

Judge Mary F. Walrath of the bankruptcy court had granted Squire Sanders’ motion to...
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