In a stinging rebuke to ethical back-room deals, an Australian Federal Court has found that Jason Karas, former partner at Lipman Karas (now LK Law), secretly brokered a deal to hand over the firm’s Hong Kong practice to London legal powerhouse Mishcon de Reya.
The court ruled that Karas negotiated the deal without informing his co-founder Skip Lipman or disclosing the extent of the transfer.
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