Weil Gotshal Surrenders In Drawn-Out Malpractice Suit

Law360, New York (May 22, 2006, 12:00 AM EDT) -- After years of legal wrangling, New York powerhouse Weil, Gotshal & Manges LLP has decided to throw in the towel and settle a long-running malpractice suit related to the firm’s representation of a retail store in an unfair competition suit against Italian fashion company Fendi.

The parties announced the settlement in Manhattan Supreme Court on Thursday, the same day that closing arguments were expected to be heard before the case was handed over to the jury.

The law firm and two of its top partners, litigator...
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