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Mayer Brown Not Liable For $1.5B Loan Flub, 7th Circ. Told

By Matthew Guarnaccia (January 24, 2017, 1:20 PM EST) -- Mayer Brown LLP asked the Seventh Circuit on Monday to affirm the dismissal of a malpractice class action lawsuit against it related to a $1.5 billion loan to General Motors, saying the firm's prior representation of the loan's administrative agent, JPMorgan Chase Bank NA, in unrelated matters does not invoke a duty of care for the lenders....

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