In a suit filed Thursday in federal court in Kansas City, Kan., CVR Energy accuses Wachtell, Lipton, Rosen & Katz and corporate partners Andrew Brownstein and Benjamin Roth of malpractice in representing the oil refining company in its unsuccessful effort to fend off a hostile takeover by activist investor Carl Icahn. The suit states that Wachtell received $6 million for its work advising CVR.
October 25, 2013 at 12:41 AM
1 minute read
The original version of this story was published on Law.Com
The long-running feud between Carl Icahn and Wachtell, Lipton, Rosen & Katz is heading to a new battleground.
In a suit filed Thursday in federal court in Kansas City, Kan., CVR Energy, which Icahn now controls, accuses Wachtell and corporate partners Andrew Brownstein and Benjamin Roth of malpractice in connection with its representation of the oil refining company last year as it attempted to fend off the activist investor’s hostile takeover bid.
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