Seward & Kissel Must Face Lighting Co. Ex-Owner’s Suit

Law360, New York (September 12, 2017, 6:58 PM EDT) -- A New York federal judge on Tuesday denied Seward & Kissel LLP’s bid to toss a malpractice suit, finding the suit plausibly alleged the firm failed to conduct due diligence over the sale of a lighting efficiency company to another company later implicated in a Ponzi scheme.

U.S. District Judge William H. Pauley III denied Seward & Kissel’s motion to dismiss a malpractice suit brought by Mitchell Barack, the former owner of Massachusetts-based ESCO Energy Services Co. Inc., claiming the firm failed to notice red flags...
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Case Information

Case Title

Barack v. Seward and Kissel, LLP


Case Number

1:16-cv-09664

Court

New York Southern

Nature of Suit

Prop. Damage Prod. Liability

Judge

William H. Pauley, III

Date Filed

December 14, 2016

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