LOS ANGELES -- Investment bankers have asked the Los Angeles city attorney to review the legal rationale for selling a convention center refinancing competitively, saying the decision is in error and may expose the city to a lawsuit.

Such a review should confirm previous findings by city staffers, "namely that, based upon the size and complexity of the transaction, a negotiated sale approach is valid and in the best interest of the city, " wrote Nelson E. Brestoff, a partner with the law firm of Radcliff, Rose & Frandsen, in a nine-page letter to James K. Hahn, the city attorney.

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