Hogan Lovells Hit With Malpractice Suit Over $36M Verdict

Law360, New York (April 3, 2013, 8:24 PM EDT) -- Two Maryland landowners launched a legal malpractice suit against Hogan Lovells US LLP in state court Monday, claiming the firm's predecessor Hogan & Hartson LLP gave bad advice following a failed development venture that led to a $36 million jury verdict against them.

Limited partnerships controlled by the Camalier and Davis families accuse Hogan & Hartson of giving them bad advice not to execute estoppel certificates requested by Penrose Development Co., to which the families' property had been leased for the purpose of building apartments....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.