A malpractice action against Wolff & Samson and Nixon Peabody can go forward in New Jersey despite a state court precedent that bars unhappy settling parties from suing their lawyers. The Appellate Division on Monday allowed the plaintiffs in Schulman v. Wolff & Samson to proceed with shareholder derivative claims against the two firms for malpractice and breach of fiduciary duty. The litigation stemmed from the breakup of Van Mar Inc., an East Brunswick, N.J., lingerie company.
Wolff & Samson, Nixon Peabody Clients Can Sue for Malpractice Despite Settlement
New Jersey Law Journal
July 22, 2008