Baker & McKenzie Earns Reversal Of $103M Malpractice Award

Law360, Los Angeles (October 17, 2013, 10:53 PM EDT) -- The Mississippi Supreme Court on Thursday affirmed a jury's malpractice verdict against Baker & McKenzie LLP and one of its attorneys over their representation of partners in an oil venture, but reversed a $103 million damages award against the firm, saying the jury was not properly instructed regarding proximate cause and damages. 

In an en banc opinion, the appeals court affirmed the trial court's judgment as to Baker & McKenzie's liability in S. Lavon Evans Jr.'s malpractice suit against the firm but reversed its judgment concerning...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.