Ex-Shearman Client Loses Bid To Revive Malpractice Suit

Law360, New York (April 3, 2013, 6:22 PM EDT) -- New York’s highest court Tuesday declined to hear a former Shearman & Sterling LLP client's bid to revive his claims that the firm was responsible for a $750,000 investment he lost after his friend’s company, Pacific Jet Inc., went bankrupt.

New York state's Court of Appeals denied former Shearman & Sterling client James Garten leave to appeal a January decision from the the First Department of New York's Supreme Court, Appellate Division. The decision leaves in place the lower court's finding that Garten's investment loss was...
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