Troutman Says Ex-Partner's $20M Fee Suit Too Late

Law360, New York (October 18, 2012, 7:54 PM EDT) -- An attorney for Troutman Sanders LLP told a New York state judge Thursday that a former partner had waited too long to sue the firm for allegedly depriving a boutique investment bank of a $20 million fee for advising on a $2 billion nursing home operator acquisition.

Philippe Adler of Friedman Kaplan Seiler & Adelman LLP, who represents Troutman Sanders, told Judge Shirley Werner Kornreich during a hearing Thursday that all eight causes of action alleged in Leonard Grunstein's complaint, including fraud and legal malpractice, are...
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