Kelley Drye Can't Shake Capital City's Malpractice Suit

Law360, New York (October 31, 2011, 4:06 PM EDT) -- A federal judge refused Monday to dismiss Capital City Energy Group Inc.'s legal malpractice lawsuit against Kelley Drye & Warren LLP over a botched merger and employment agreement, ruling the plaintiffs had remedied business operation violations that would have barred them from suing.

Capital City Energy Group Inc. brought the suit in Ohio state court in January, claiming Kelley Drye and its Chicago corporate finance partner Timothy Lavender had botched the acquisition and sale of its subsidiary and fellow plaintiff Hotwell Services Inc., and that they...
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