calpers

Mark Anderson, Staff Writer
Sacramento Business Journal
May 22, 2013, 3:00am PDT

The California Public Employees’ Retirement System is asking federal bankruptcy courts to disqualify a law firm from participating in the municipal bankruptcy proceedings of San Bernardino and Stockton because the firm allegedly hired attorneys away from a firm that was representing the pension fund giant.

Winston & Strawn LLP is a 160-year-old Chicago-based law firm with more than 900 attorneys. It is representing a bond insurance creditor in the San Bernardino and Stockton bankruptcies.

The pension fund alleges Winston & Strawn hired at least four attorneys from Pittsburgh-based K&L Gates — including one partner and two associates who performed more than 500 hours of legal services for CalPERS.

In a news release, Winston & Strawn said there is no basis for it to be disqualified from the cases.

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