As a result of a story we published on April 4, 2011 (See Here), Zurich Financial Services and Farmers Group Inc. (represented by Dewey & Leboeuf and Skadden Arps, respectively), filed an Ex Parte motion with the Los Angeles Superior Court (Judge William Highberger Presiding) seeking to amend the settlement agreement.
Irrespective of the manner in which the term is pronounced – e.g., "Ish-ew” (U.S.) or "Iss-you” (U.K.), Judge William Highberger identified the main issue -- the "supposed conflict" by Skadden Arps in agreeing to represent Thomas Girardi and Girardi & Keese in the matter of In Re Girardi (Ninth Circuit Case No.08-80090)(Emphasis added by TLR)
Per an objection submitted to the court: "Skadden Arps (like defendant Farmers) had a duty to inform this Court of the concurrent representation. Skadden Arps, wishing to collect fees from its clients Thomas Girardi and Girardi & Keese, as well as fees from its client Farmers Group, Inc., chose to remain silent. One can safely also entertain the thought that Skadden Arps (and, by extension, Farmers) took advantage of the matter to coerce Girardi & Keese to acquiesce to a less than desirable settlement in the Fogel matter than otherwise would have been reached."
End of Report.