Akin Gump Can Stay On AIG Case For Now: NY Judge

Law360, New York (September 21, 2011, 6:51 PM EDT) -- A New York state judge ruled Wednesday that he'll allow Akin Gump Strauss Hauer & Feld LLP to continue defending a hedge fund against securities claims brought by an American International Group Inc. affiliate even though the firm represents the insurer in other cases.

Judge Jeffrey K. Oing said during oral arguments in his downtown Manhattan courtroom that ethical and professional responsibility rules that require firms not to represent one client adverse to another are "living rules" that have to adapt to the much messier and...
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