Counsel's Fraud Doesn't Support Award To Ex-Boss: NJ Court

Law360, New York (August 16, 2013, 9:01 PM EDT) -- The New Jersey Appellate Division on Friday backed findings that a former general counsel for time-share companies controlled by businessman Bruce Kaye had committed fraud and legal malpractice, but still upended the award of punitive damages and more than $700,000 in legal fees and costs.

In a published, 105-page opinion, a three-judge panel said there hadn't been enough actual, compensable damages from the alleged conduct of Alan Rosefielde, the onetime chief operating officer of Flagship Resort Development Corp. and Atlantic Palace Development LLC, to support those...
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