Council committee brushes aside potential conflict in stadium deal

The law firm of Nixon Peabody does a lot of work for the city - and as one of the nation's largest firms, there are bound to be conflicts. That includes its work in analyzing the bond financing portion of the proposed downtown stadium deal. From the LAT:

One is that it represents Regal Cinemas, a tenant of AEG's LA Live entertainment complex, which is near the stadium site. Philip Anschutz, chairman of AEG, is also an investor in Regal, according to city officials. A second conflict involves Nixon Peabody's representation of Anschutz Exploration Corp., another Anschutz company. A third is that a lawyer with the law firm previously worked for Majestic Realty, which is backing a competing stadium plan. Deputy City Atty. Marilyn Garcia said those client relationships would not compromise Nixon Peabody's work on the stadium deal for the city.

Not that any of this much matters. No amount of analysis is likely to upend the bond package with AEG.