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Friday, 27 May 2016

Bankers aren't the only conflicted parties in M&A

With friends like these ....

Whiteshoe U.S. law firm Cravath will this week argue its work for one company didn t preclude it from working with a rival on a hostile bid for its client. Cravath may prevail in court, but the episode starkly highlights the conflicts of interest among legal advisors.

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