Lowenstein, Ravin Settle $42M Poaching Spat

Law360, New York (May 5, 2009, 12:00 AM EDT) -- After three weeks at trial in a New Jersey court, Lowenstein Sandler PC has reached a deal with now-defunct Ravin Sarasohn Cook Baumgarten Fisch & Rosen PC in a $42 million suit alleging that Lowenstein poached 15 attorneys from Ravin Sarasohn in 2000.

Ravin Sarasohn accepted Lowenstein's offer on Friday, according to attorney David Mazie of Mazie Slater Katz & Freeman LLC, who represents the plaintiff.

The parties told the Superior Court of New Jersey, Essex County, they had reached an agreement — the terms of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.