McDermott Malpractice Suit Over Tender Offer Survives

Law360, New York (August 30, 2010, 2:50 PM EDT) -- A federal judge has refused to dismiss a suit accusing McDermott Will & Emery LLP of negligence in representing The Antioch Co. in an offer to put control of the scrapbook supplier in an employee stock ownership plan and a subsequent attempt to sell the company.

Judge Timothy S. Black of the U.S. District Court for the Southern District of Ohio on Friday found that The Antioch Litigation Trust had properly stated its claims against the firm. The trust was assigned professional negligence claims as part...
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