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Mayer Brown Escapes Class Action Over $1.5B GM Loan

By Kurt Orzeck ( June 24, 2016, 9:42 PM EDT) -- An Illinois federal judge on Wednesday tossed a consolidated proposed class action in which 400 lenders accused Mayer Brown LLP of legal malpractice and negligent misrepresentation over a filing error in a $1. 5 billion bankruptcy loan to its client General Motors LLC. . . .

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