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Large Firms

Jun. 23, 2010

Trustee Sues O'Melveny And Partner

A new twist has emerged in the case of a bankruptcy trustee suing O'Melveny & Myers and one of its partners for allegedly helping a real estate developer commit fraud before his company folded.

By Anna Scott, Kari Hamanaka and Amy Yarbrough

Daily Journal Staff Writers

A new twist has emerged in the case of a bankruptcy trustee suing O'Melveny & Myers and one of its high-profile partners for allegedly helping a now-bankrupt real estate developer fraudulently boost the liquidity of his company before it folded, ultimately costing creditors $30 million.

The developer, James P....

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