Suit Against Pepper Hamilton Moves To Delaware

Law360, New York (July 9, 2007, 12:00 AM EDT) -- A case brought against Pepper Hamilton LLP by the trustee of bankrupt Student Finance Corp. was transferred on Thursday in an attempt to further compel the law firm to turn over information pertaining to the loan company's failure.

The case stretches back to March 2005, when the Chapter 7 trustee for SFC, Charles Stanziale Jr., filed a suit against the law firm for becoming an “insider” with the loan company and helping SFC disguise nonperforming loans.

Andrew N. Yao, founder and CEO of the company, started...
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