Dewey Gave Bad Advice On Tax Shelter, $6M Suit Says

Law360, Los Angeles (January 28, 2014, 9:43 PM ET) -- An accountant who says his attorneys at Dewey & LeBoeuf LLP gave him bad legal advice about a tax shelter is seeking retribution for the $5.8 million the Internal Revenue Service is forcing him to pay for misreporting his investment, according to an adversary proceeding filed in New York bankruptcy court Tuesday.

Philip Groves claimed his attorneys at Dewey & LeBoeuf’s predecessor are to blame for the penalties he must now pay to the IRS, because the attorneys neglected to advise him in 2001 they could...
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