Dorsey & Whtney is reported to be facing further woes from its Casino legal representation. Law.Com writes:
"A legal battle over a bungled finance deal for an Indian casino in upstate New York has Dorsey & Whitney scrambling to deflect a multimillion-dollar hit for legal malpractice.
Dorsey & Whitney already has filed an appeal to a judgment of about $1 million from a decision in Minnesota bankruptcy court. At the same time, it is fighting a recommendation from the same bankruptcy court that calls for the firm to pay $2.8 million for its part in the failed casino deal.
By the time it is all over, the law firm could be forced to pay up to $4 million in damages.
The malpractice matter stems from a $28 million financing arrangement for the Akwesasne Mohawk casino, which opened in Hogansburg, N.Y., in 1999. Dorsey & Whitney served as outside counsel for Minnesota investment bank Miller & Schroeder, which helped secure financing for the project and administered loans provided by 31 banks to the casino’s owner."