Wachtell Malpractice Claims A Tough Sell For Icahn's CVR

Law360, New York (October 30, 2013, 6:44 PM EDT) -- Carl Icahn-controlled CVR Energy Inc. should expect a long, hard fight from Wachtell Lipton Rosen & Katz after telling a federal court earlier this week that attorneys from the firm had purposely concealed information tied to a $2.6 billion takeover bid, experts told Law360.

Monday's suit, filed in Kansas federal court, accuses Wachtell and two of its corporate partners, Andrew R. Brownstein and Benjamin M. Roth, of failing to properly advise it that its fees to financial advisers Deutsche Bank Securities Inc. and Goldman Sachs &...
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