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Clark Smith Villazor files breach of fiduciary complaint against Baker & McKenzie LLP on behalf of Silverpeak Strategic Partners LP and Phoeninca Investments LLC

February 13, 2025

On February 13, 2025, Clark Smith Villazor, on behalf of its clients Silverpeak Strategic Partners LP and Phoeninca Investments LLC filed a complaint against Baker & McKenzie LLP, Baker & McKenzie International, and Estudio Luis Echecopar García S.R.L., a member firm of Baker & McKenzie International in the New York Supreme Court.

The complaint alleges that Baker McKenzie breached its fiduciary duties to its former clients Silverpeak and Phoeninca, as well as the terms of service governing its representation, by representing Silverpeak and PI in connection with the formation of a joint venture with LITASCO Pan Americas, LLC f/k/a Lukoil Pan Americas LLC (“Lukoil”) to distribute diesel fuel in Peru and then subsequently representing Lukoil in litigation concerning the same subject matter as its prior representation of Plaintiffs.

A copy of the complaint filed in New York Supreme Court can be found here.

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