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Wednesday, April 23, 2025

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Media Group Demands $140 Million|From Paul, Weiss, Rifkind Law Office

MANHATTAN (CN) – MIG Inc. fka Metromedia International Group demands $140 million from the Paul, Weiss, Rifkind, Wharton & Garrison law office, alleging malpractice in its work in a 1997 “Certificate of Designation of 7.25% Cumulative Convertible Preferred Stock.” MIG claims the law firm’s work had “numerous mistakes and errors in draftsmanship, coherence and professionalism”.     MIG’s federal complaint cites a June 5 Delaware Chancery Court judgment in this matter, which MIG says it is appealing.     MIG is represented by Aaron Richard Golub.

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