Simpson Thacher May Be Haunted By $1.5B Loan Gaffe

By Gavin Broady (January 29, 2015, 7:35 PM EST) -- While Mayer Brown LLP originated the paperwork error that doomed JPMorgan Chase & Co.'s secured interest in a $1.5 billion loan tied up in the General Motors Corp. bankruptcy, experts say the Simpson Thacher & Bartlett LLP team that missed the gaffe is a far more likely target for any resulting legal malpractice litigation....

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