David Trautenberg, the ex-Citigroup broker for convicted WorldCom CEO Bernard Ebbers, is suing Paul, Weiss, Rifkind, Wharton & Garrison, claiming the firm and two partners gained confidences in the course of their representation of Citigroup which it then used against Trautenberg in negotiations over his departure from Citigroup. Paul Weiss defended Citigroup against suits by shareholders and regulators who accused Citigroup of offering Ebbers perks to keep its position as WorldCom’s chief investment bank.
Popularity: 3% [?]
Posted on Friday, January 19th, 2007. Filed under: Business Law, Law Misc
You can leave a response, or trackback from your own site.
Rate This Post - Vote Now!