Real Estate contracts are signed in 2009 A clause states that the deposits may be reclaimed (returned to buyers) if the first closing does not take place by September 2008. Sellers really meant by Weptember, 2009. First Closing took place in February 2009. Buyers want $ 16 million in deposits returned. Sellers want to hold on
Legal Malpractice News
Fees, Quantum Meruit and Seth Rubenstein
One of the more intriguing aspects of the attorney fee and disputes field is the interplay of a strongly put rule to attorneys, and the consequences of ignoring that rule. The rule: "You must have a retainer agreement." What happens when an attorney sues for fees, yet failed to have a retainer agreement as defined…
Case is Dismissed, Time Passes By and Plaintiff Loses a Legal Malpractice Case
Plaintiff suffers a personal injury trip and fall, and hires attorney 1 to sue the landlord. The landlord is sued. Case continues and eventually an inquest is ordered. At the inquest, the Court tells the attorneys that they need medical records. This seems to be an elementary point, since it’s well known that one needs…
Jurisdiction and Arbitration in a Legal Malpractice Case
New York corporation has a California case. An attorney comes calling, soliciting business and asking the corporation to hire the California attorney. They agree, and in the retainer agreement are two items. One is a jurisdiction choice and one is an arbitration clause. Problems arise, and a fee dispute/legal malpractice counterclaim starts. Will it be…
Disgorgement in a Breach of Fiduciary Duty-Legal Malpractice Case
Reisner v. Litman & Litman PC is a motorcycle – car collision case in which plaintiff was driving his motorcycle in Nassau County. He was driving on a road that had become known to be dangerous. At this particular intersection there had been a large number of turning left accidents, which later was said to be…
Representing Both Sides and No Retainer Agreement in Legal Malpractice Case
A series of loans, a single attorney in the transactions, a failure to file the mortgage, a defense that the clients should have filed the mortgage themselves, a loss of $ 750,000. How can this happen to sophisticated lenders?
The question is not exactly answered, but the picture that emerges from Brija v. Fernandez …
A Side Trip Throught Bankruptcy, Factoring and Legal Malpractice
The rapid transferring back and forth of rights and liabilities, through assignments, factoring and bankruptcy is highlighted in Maggioni v Clyde Meredith Schaefer, Esq., NY SlipOp 32544 [Sup.Ct. New York County, Wooten. J]
Apparently IFT International Inc. was a worthwhile football. It and its assets bounced back and forth between Bankruptcy Court and Supreme Court, with…
Continuous Representation in a Two Part Legal Malpractice Case
Gatto v Burke & Burke, NY Slip Op 32511, Nassau County, Justice Bucaria illustrates a two part transactional represent ion by attorneys of the clients in a business sale case. Facts are simple: plaintiff sells restaurant to X and uses target attorneys as transactional counsel. Sale documents do not have a security interest for Plaintiff-seller. …
Privilege and Legal Malpractice
An attorney must carefully and assiduously guard his client’s confidences, secrets and communications with the attorney. This remains true until the attorney has to defend himself. Must this defense be to criminal charges, or to ethical charges only? The answer is set forth in a recently decided case in the First Department.Hélie v McDermott, …
Bankruptcy Hearings and Res Judicata
We have commented about the Collateral Estoppel trap in legal malpractice with regard to fee arbitrations and hearings. in short, when a court grants an attorney fee application, it implicitly determines that there can have been no malpractice, as the court may not award fees in the face of malpractice. Fee arbitrations and hearings in…