Bankruptcy Judge Won't Move $10M Kutak Malpractice Suit

Law360, New York (October 4, 2011, 12:17 PM EDT) -- A Kansas federal judge on Monday refused to remove from bankruptcy court a $10 million suit filed by Brooke Corp.'s trustee alleging law firm Kutak Rock LLP helped the insurance holding company's executives mislead investors about its deteriorating finances.

U.S. District Judge J. Thomas Marten sided with the bankruptcy judge overseeing the lawsuit, who said that although “there is no doubt that [Kutak has] a right to trial by jury,” any transfer should wait until all pretrial motions, including motions to dismiss, have been filed and...
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