Chinese Co. Drops $160M Suit Against Becker & Poliakoff

By Carolina Bolado (October 10, 2017, 8:03 PM EDT) -- A Chinese real estate investor walked away from a $160 million malpractice suit against its former attorneys at Becker & Poliakoff PA after a Florida federal court hinted at sanctioning the company for failing to produce requested documents.

U.S. District Judge William P. Dimitrouleas dismissed the legal malpractice claims against Becker & Poliakoff on Friday after the law firm and Tangshan Ganglu Iron & Steel Co. Ltd. filed a joint stipulation of dismissal. The suit had claimed the law firm caused Ganglu to lose millions on a Florida shopping mall property.

Earlier on Friday, Ganglu's attorney had called to ask if...

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