A litigant in a dispute over control of a closely held corporation can proceed with suing Duane Morris lawyers who allegedly settled the case without explaining the full economic ramifications, a state appeals court says. Wednesday's ruling in Guido v. Duane Morris continues a trend of trimming back a 2005 New Jersey Supreme Court precedent that blocks clients from suing their lawyers over settlements originally found to be acceptable.
July 16, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A litigant in a dispute over control of a closely held corporation can proceed with suing Duane Morris lawyers who allegedly settled the case without explaining the full economic ramifications, a state appeals court says.
Wednesday’s ruling in Guido v. Duane Morris, A-1162-08, continues a trend of trimming back a 2005 New Jersey Supreme Court precedent that blocks clients from suing their lawyers over settlements originally found to be acceptable.
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