High Court Won't Revive Malpractice Claims Against Winston & Strawn

Law360, Wilmington (March 3, 2014, 8:31 PM EST) -- The U.S. Supreme Court on Monday declined to review a Seventh Circuit decision that threw out malpractice claims against Winston & Strawn LLP from the bankruptcy trustee for Colossus Capital Fund Ltd. and Lancelot Investors Fund Ltd., which both lost money in the mammoth Tom Petters' Ponzi scheme.

Ronald Peterson of Jenner & Block LLP, the Chapter 7 trustee for the funds, filed his petition for writ of certiorari in January, asking the high court to take up the case that saw the Seventh Circuit uphold an...
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