Stradley Ronon Can't Dodge $200M Malpractice Suit

Law360, Philadelphia (October 10, 2013, 1:41 PM EDT) -- A Pennsylvania state judge on Wednesday ruled that Stradley Ronon Stevens & Young LLP can’t dodge a suit alleging it botched loan agreements prepared for Sovereign Bank NA that backed $200 million fronted to a now-defunct mortgage company, denying its motion for judgment on the pleadings.

In a two-page order, Philadelphia Court of Common Pleas Judge Patricia McInerney rejected the Philadelphia-based firm’s efforts to avoid a trial in the dispute stemming from the 2009 bankruptcy of mortgage servicing firm Taylor Bean & Whitaker Mortgage Corp....
To view the full article, register now.