Interest conflict charged by CL in Kerkorian suit

The ongoing battle between Credit Lyonnais Bank Nederland and former MGM-owner Kirk Kerkorian has taken a conflict-of-interest twist when CLBN asked L.A. Superior Court to rule that the law firm Christensen, While, Miller, Fink & Jacobs “cannot” represent both Kerkorian and MGM in separate cases.

In a 15-page plea, MGM says the firm has represented it for more than 20 years and “is currently representing MGM in nine ongoing lawsuits.”

Christensen, White attorney Patricia Glaser told Daily Variety: “We take the position there is no conflict. We’ve never represented Credit Lyonnais and this is one more attempt to avoid getting to the merits of this litigation. They filed a lawsuit and now have moved to stay their own lawsuit. We want to move this case along, and their response is ‘we won’t stipulate to a shortening of time.’ ”

A bank spokesman countered that “there’s no reason to delay this lawsuit. The action against Kerkorian was commenced purely and simply because the bank was determined to expose a matter of fraud and bring the perpetrators to justice. There’s no motion to stay this at all.”

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