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British Tycoon Drops Shearman In UK Fraud Office Suit

By Linda Chiem ( July 10, 2014, 5:55 PM EDT) -- British business tycoon Robert Tchenguiz has dropped Shearman & Sterling LLP and hired new counsel at Stephenson Harwood LLP in his £300 million ($514 million) suit against the U. K. 's Serious Fraud Office over his arrest stemming from its botched 2011 investigation into the collapse of Iceland's Kaupthing Bank HF. . . .

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