Faegre & Benson Beats Exxon Valdez Malpractice Suit

Law360, New York (May 26, 2011, 4:35 PM EDT) -- Faegre & Benson LLP won summary judgment Wednesday in a malpractice suit in Alaska brought by a fishery operator who claimed the firm fumbled his $1.2 million claim against Exxon Valdez in litigation over the 1989 Valdez oil spill.

The plaintiff, Larry Powers, sued the firm in Alaska federal court in 2010, claiming Faegre & Benson did not understand the full value of a lost business relationship, never advised him that his claim would be discounted by 50 percent, failed to appeal a jury verdict that...
To view the full article, register now.