Calif. Appeals Court Nixes Dorsey & Whitney Fee Litigation

Law360, New York (August 8, 2013, 4:39 PM EDT) -- A California appeals court on Wednesday refused to revive claims by investor group NAMA Holdings LLC alleging law firm Dorsey & Whitney LLP illegally took funds from an insolvent real estate venture before NAMA could collect $12 million that the venture owed it.

A three-judge panel of California's Second District Court of Appeal, Division Four affirmed a Los Angeles County court’s decision to strike NAMA’s proposed complaint seeking to recover from Dorsey & Whitney at least $3 million in funds the law firm accepted on retainer...
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