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A private corrections company seeks to hold Locke Liddell & Sapp liable for more than $5 million that's allegedly missing from an account set up for a land deal. Cornell Companies Inc. sued the law firm and one of its partners, alleging they "dropped the ball" by failing to ensure that a proper escrow account was set up to hold the company's funds. As alleged in the petition, the defendants gave Cornell the "green light" to wire almost $13 million into what was purported to be an escrow account.
September 22, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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