Blank Rome Slammed Over Platinum Arbitration Confusion
By Matt Fair (July 28, 2021, 6:22 PM EDT) -- A Pennsylvania state judge lashed out at Blank Rome LLP during a hearing on Wednesday for the confusion created after it incorporated an arbitration clause into an unsigned addendum to its engagement letter with defunct billion-dollar hedge fund Platinum Partners.
Judge Ramy Djerassi, who is weighing whether a malpractice case Platinum Partners is hoping to bring against the firm should be sent to arbitration, said that Blank Rome could have avoided dispute over the provision entirely if it had incorporated it into the main body of its engagement letter with the hedge fund instead of including it in an addendum that...
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