A New York state judge has ruled that a law firm had no duty to prevent a key officer from leaving a company but may be liable for aiding and abetting that officer’s breach of fiduciary duty.
In an unusual decision issued Aug. 4, Manhattan Supreme Court Justice Bernard Fried threw out legal malpractice and breach of fiduciary claims against Schulte Roth & Zabel stemming from its work for an abortive private jet startup, but permitted an aiding and abetting claim to proceed.
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