Law Firm Should Pay $36M For Malpractice, Jury Told

Law360, San Francisco (September 16, 2013, 8:58 PM EDT) -- Silicon Valley Law Group should pay $36 million for failing to warn a real estate investment firm it represented that buyer Ed Okun engaged in fishy borrowing habits that bankrupted the firm and landed Okun in jail, a California federal jury heard Monday during closing arguments in SVLG’s legal malpractice trial.

Janet Dashiell and Steven Allred had never sold a business before when they hired SVLG to help them negotiate with potential buyers to sell 1031 Advance, Jacqueline Veit of Golenbock Eiseman Assor Bell and Peskoe...
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