Blank Rome Seeks Arbitration In Platinum Malpractice Case

Law360 (May 3, 2021, 6:24 PM EDT) -- As it faces a potential malpractice complaint in Pennsylvania state court, Blank Rome LLP has said representatives for defunct billion-dollar hedge fund Platinum Partners, a one-time client, are trying to dodge language in the client engagement letter requiring arbitration of any disputes about the firm's work.

Although liquidators for Platinum Partners Value Arbitrage Fund LP have not yet filed a complaint against the firm, Blank Rome argued in a preemptive filing on Friday that any malpractice claims clearly belonged in arbitration.

"Notwithstanding the mandatory arbitration clause in the engagement letter, however, plaintiffs have refused to resolve this dispute through arbitration and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!