Holland & Knight, RSM Win Pause Of Fund's Negligence Suits

By Theresa Schliep (September 21, 2021, 4:54 PM EDT) -- A New Jersey appeals court on Tuesday paused an investor fund's suits against Holland & Knight, RSM and others alleging faulty advice led to millions in additional federal taxes, saying the cases should wait for the U.S. Tax Court's input.

A three-judge Appellate Division panel ordered a lower court to pause YA Global Investments LP's suits claiming Holland & Knight LLP, Harrison & Held and RSM US LLP were negligent in providing tax and legal advice to the investor group, leading to over $100 million in federal tax liabilities. A stay in the cases is appropriate while YA Global disputes the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!