Ex-Willkie Farr Atty Admits To Info Sharing In $7B Deal

Law360, New York (September 2, 2015, 12:56 PM EDT) -- A lawyer who represented Mastercard Inc. admitted in a New York federal court filing late Tuesday that she used information from opposing counsel in a $7.25 billion deal to settle multidistrict litigation over Mastercard, Visa Inc. and other banks' interchange fees. 

Keila Ravelo, a former Willkie Farr & Gallagher LLP partner and counsel for Mastercard, said in a sworn affidavit that she used information passed to her by longtime friend Gary Friedman, who represented some retailers in related litigation.

Ravelo said she played a “prominent role”...
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