7th Circ. Finds Law Firm Filed Malpractice Claim Too Late

Law360, Los Angeles (April 2, 2013, 5:05 PM EDT) -- The Seventh Circuit decided Tuesday that the Bar Plan Mutual Insurance Co. wasn't responsible for covering Koransky Bouwer & Poracky PC's claim for a malpractice suit over a misfiled Ohio sales contract because the law firm wasn't timely in notifying the insurer about a potential suit.

Koransky & Bouwer should have informed the Bar Plan before its claims-made insurance plan ended in April 2007 that its failure to deliver a client's executed contract for a Rite Aid drugstore in February could result in litigation, the appellate...
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