Posted Nov 16, 2010 04:18 pm CST
Boies Schiller has laid off three female associates who worked overtime during a trial in which Citigroup was accused of duping a hedge fund in its $6.3 billion acquisition of EMI Group.
Last week the law firm laid off the three associates, all women, after the firm’s “stinging loss” on Nov. 5 in the EMI case, according to the New York Times DealBook blog.
Boies Schiller had represented financier Guy Hands, founder of the hedge fund Terra Firma Capital Partners, DealBook says.
A law firm spokeswoman did not comment on the layoffs when contacted by DealBook and the ABA Journal.
ABAJournal.com: “Juror Removed in Citigroup Case After Google Search Revealed Michael Moore Link”
Updated to note that the firm declined comment when contacted by the ABA Journal.