Paul Hastings offices. John Disney/ALM Davis Polk Defending Paul Hastings in $55M Legal Malpractice Suit Over Rent Terms
Industry insiders say the suit against Paul Hastings could be a warning of liability claims to come as a result of the depressed real estate market.
March 04, 2021 at 05:57 PM
3 minute read
A group of real estate entities has filed a $55 million legal malpractice suit against Paul Hastings, alleging the law firm was negligent in reviewing a portion of a contract that allowed annual rent escalations that were "far in excess" of what was appropriate.
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