Chicago Firms Hit With Malpractice Suits Over Business Row
Law360, New York (February 12, 2016, 4:17 PM EST) -- Strauss & Malk LLP, Siprut PC and several attorneys were hit with a malpractice suit Thursday in Illinois federal court accusing them of botching a businessman's suit against his former partner over the ownership of a portfolio of GPS mapping patents.
Charles F. Short III alleged that the two firms and five attorneys failed to bring a derivative suit against the officers and directors of Sidewinder Holdings Ltd. after his former business partner, Ian J. Pye, allegedly defrauded Short when selling the patent portfolio owned by Sidewinder.
"But for the negligence of the defendants, plaintiff would have recovered substantial monies on...
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