Crowell & Moring Hit With $35M Suit Over Condo Sale

Law360, New York (April 4, 2012, 5:49 PM EDT) -- Manhattan landlord Regal Real Estate LLC on Wednesday filed a $35 million malpractice suit against Crowell & Moring LLP, the firm hired to handle the sale of a condominium on East 16th Street, claiming a C&M attorney's mistakes and escrow thefts cost it at least $15 million and two unnecessary lawsuits.

Regal is currently fighting two separate actions from prospective buyers who claim they had contracts to purchase the property. The landlord filed the present suit in state court seeking to hold C&M responsible for any...
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