CVR, Icahn Suit Belongs In State Court, Wachtell Says

Law360, New York (February 24, 2014, 7:48 PM EST) -- Wachtell Lipton Rosen & Katz told a New York federal judge Monday that the law firm’s abuse-of-process suit against CVR Energy Inc. and its owner Carl Icahn should be remanded to New York state court, where related suits against CVR stemming from Icahn's takeover of the company are already pending.

In a hearing before Judge Paul A. Engelmayer, Paul Lewis Schechtman of Zuckerman Spaeder LLP said CVR did not come close to proving billionaire investor Icahn and his companies were fraudulently joined to the case when...
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