K&L Gates has again suffered a loss in its effort to quash a Texas lawsuit alleging it engaged in conflicts of interest, including violations of the Deceptive Trade Practices Act.
A three-judge panel with the Texas Court of Appeals in Austin ruled unanimously on March 20 against a motion to dismiss filed by the firm.
In the underlying suit, a Texas semiconductor company, Quantum Materials Corp., claimed the law firm represented lenders in a legal action against Quantum while also representing Quantum.
Quantum retained K&L Gates in 2016 as corporate counsel—yet although they stopped sending work to the firm, the ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.