Insurance defense giant Wilson, Elser, Moskowitz, Edelman & Dicker has been ordered to disgorge millions in legal fees paid by an insurance client who accused the firm of helping another client take away policyholders. Manhattan Supreme Court Justice Marcy S. Friedman granted summary judgment to Ulico Casualty on its breach of fiduciary duty claim and allowed it to pursue other claims. Wilson Elser may have to repay more than $3.4 million in fees to Ulico, which seeks over $100 million in total damages.
N.Y. Judge Orders Wilson Elser to Disgorge Fees Over Ethics Breach
New York Law Journal
April 5, 2007