Kelley Drye Escapes Bulk Of Botched-Merger Malpractice Suit

Law360, New York (September 27, 2013, 9:55 PM ET) -- An Ohio federal judge on Friday threw out four of the five claims in a malpractice suit alleging Kelley Drye & Warren LLP botched a merger and a release from an employment agreement, finding Capital City Energy Group Inc. had waited too long to bring the claims.

U.S. District Judge Algenon L. Marbley agreed with Kelley Drye and its Chicago corporate finance partner Timothy Lavender that the one-year statute of limitations on the four claims for malpractice and breach of fiduciary duty had expired by the...
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