{"id":41895,"date":"2014-05-01T06:44:40","date_gmt":"2014-05-01T10:44:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=41895"},"modified":"2014-05-01T06:44:40","modified_gmt":"2014-05-01T10:44:40","slug":"dentons-hit-with-146m-malpractice-suit-for-loans-to-petters","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2014\/dentons-hit-with-146m-malpractice-suit-for-loans-to-petters.html","title":{"rendered":"Dentons Hit With $146M Malpractice Suit For Loans To Petters"},"content":{"rendered":"<p>Law360 &#8211; \u00a0Dentons was hit by a legal malpractice action in Illinois state court on Tuesday by a hedge fund that says the firm\u2019s shoddy work on $146 million in loans made to Ponzi schemer Thomas Petters resulted in the plaintiffs losing interests in Polaroid Corp.<\/p>\n<p>Ritchie Capital Management LLC and affiliates say Dentons and Dentons US LLP, as successors-in-interest of Sonnenschein\u00a0Nath &amp; Rosenthal LLP, are responsible for the firm\u2019s failure to structure, draft and negotiate the required loan and security agreements.<\/p>\n<p><a href=\"http:\/\/www.law360.com\/whitecollar\/articles\/533462\/dentons-hit-with-146m-malpractice-suit-for-loans-to-petters\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a> (subscription required)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Law360 &#8211; \u00a0Dentons was hit by a legal malpractice action in Illinois state court on Tuesday by a hedge fund that says the firm\u2019s shoddy work on $146 million in loans made to Ponzi schemer Thomas Petters resulted in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-41895","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=41895"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41895\/revisions"}],"predecessor-version":[{"id":41896,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41895\/revisions\/41896"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=41895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=41895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=41895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}