$70M Suit Against Cadwalader Reflects Risks of Practice in Mortgage-Backed Securities (Law.com)
Story date: 2007-09-25 09:05:06
Added on: 2007-09-26 05:01:02
As the global slowdown in the market for mortgage-backed securities threatens a core practice area of Cadwalader, Wickersham & Taft, the New York law firm is also wrestling with a $70 million legal malpractice suit brought by a major issuer of such securities. Cadwalader is one of the nation's top law firms when it comes to securitizations, and its large practice in the area has helped catapult ...
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