Creditors Seek To Oust Law Firm From Ch. 11 Case

Law360, New York (August 25, 2008, 12:00 AM EDT) -- Claiming law firm Greenberg Traurig LLC has “jumped to the other side of the negotiating table,” two creditors in the Mortgages Ltd. bankruptcy said Friday a judge should revisit a proposed order allowing the law firm to act as special counsel to the bankrupt mortgage lender.

In their objection in the case, in re: Mortgages Ltd. in the U.S. Bankruptcy Court for the District of Arizona, the two creditors allege that Greenberg Traurig, which used to represent Mortgages Ltd. as lead counsel, now represents a group...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.