Seward & Kissel Says Due Diligence Was Client's Job

Law360, New York (July 14, 2017, 10:05 PM EDT) -- Seward & Kissel LLP told a New York federal judge on Friday that its role in helping a client sell his energy efficiency service company did not include due diligence on the financial state of the buyer, ForceField Energy Inc., which was implicated in a $131 million stock manipulation scheme and stiffed the seller.

Jacqueline P. Rubin of Paul Weiss Rifkind Wharton & Garrison LLP, arguing for Seward & Kissel, told U.S. District Judge William H. Pauley III that the malpractice suit brought by Mitchell Barack,...
To view the full article, register now.

Related

Sections

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

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.