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Bond traders may not pursue a legal malpractice suit against attorneys whose representation of a bond issuer's trustees allegedly resulted in the depreciation of corporate assets, a New York state appeals panel ruled in a case of first impression. The panel also said that the trustees of the issuer's collateral could not be sued by the traders.
February 08, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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