Arent Fox Stays On In $580M Investment Hoax Suit

Law360, Los Angeles (March 28, 2012, 7:00 PM EDT) -- A California judge on Wednesday rejected calls to disqualify Arent Fox LLP from representing Point Ruston LLC in a lawsuit accusing two financiers of extracting loans and other benefits by falsely claiming they could invest $580 million to develop Point Ruston's 97-acre waterfront property.

Los Angeles Superior Court Judge Elizabeth Allen White denied defendant David Luber's request to disqualify the firm from representing plaintiffs Point Ruston and MC Construction Consultants Inc., finding Luber’s allegations that Arent Fox was involved in a real estate transaction with his...
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