Law Firm Settles Claims Over Faulty Defense

Law360, New York (October 20, 2011, 4:18 PM EDT) -- Barry McTiernan & Moore resolved a legal malpractice suit Wednesday in New York federal court that alleged the law firm's misconduct caused two insurers to be liable for a $16 million judgment in an underlying fire damage coverage dispute.

U.S. District Judge Robert W. Sweet approved a joint stipulation filed by the parties Tuesday, dismissing with prejudice the complaint brought by insurers American Manufacturers Mutual Insurance Co. and Lumbermens Mutual Casualty Co. over the firm's allegedly faulty legal defense.

The dismissal order ends the suit against...
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