Baker & McKenzie Must Produce Docs In Client's SEC Suit

Law360, New York (June 15, 2011, 5:02 PM EDT) -- Baker & McKenzie LLP and its clients on Tuesday lost their challenge of a Kansas magistrate judge's ruling ordering them to produce purportedly privileged work product related to an alleged $156 million oil-and-gas securities scheme.

The document dispute is part of a larger U.S. Securities and Exchange Commission case over an alleged securities offering fraud that victimized more than 1,300 investors. The magistrate judge had previously found that the defendants' failure to play ball in the subpoena process denied them the right to assert attorney-client and...
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