Proskauer Hit With Malpractice Suit Over Income Tax Row

By David McAfee (March 11, 2014, 8:07 PM EDT) -- Bankrupt Overseas Shipholding Group Inc. hit Proskauer Rose LLP and four of its partners with another legal malpractice lawsuit in New York state court on Tuesday, accusing its former general outside counsel of straddling OSG with hundreds of millions of dollars in "completely avoidable" tax liability....

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