Arent Fox, Elliott Greenleaf Tossed From UBP Ch. 11

Law360, New York (November 5, 2010, 5:31 PM EDT) -- The federal judge overseeing Universal Building Products Inc.’s Chapter 11 case has disqualified Arent Fox LLP and Elliott Greenleaf from representing the creditors committee, finding that the firms improperly enlisted a sidekick in China to solicit creditors to serve on the committee.

On Thursday, Judge Mary Walrath of the U.S. Bankruptcy Court for the District of Delaware came down hard on committee lead counsel Arent Fox and local counsel Elliot Greenleaf for using Dr. Haishan Liu, a Fujifilm distributor who moonlights for U.S. firms in China,...
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.