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Litigation

Jan. 27, 2012

Orrick sued by investment firm over financing transaction

A Dallas-based hedge fund manager and a distressed investment firm are suing Orrick, Herrington & Sutcliffe LLP for $95 million, blaming it for a failed multi-million dollar financing transaction.


By Amy Yarbrough


Daily Journal Staff Writer


A Dallas-based hedge fund manager and a distressed investment firm are suing Orrick, Herrington & Sutcliffe LLP for $95 million, accusing it of providing careless legal advice that led to a failed multi-million dollar financing transaction.


In its complaint, filed Wednesday in Texas state district court in Dallas County, Highland CDO Opportunity Master Fund, HFP CDO Construction Corp. and Highla...

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