$500m malpractice claim against Chadbourne & Parke dismissed
A New York state judge dismissed a $500 million lawsuit by Austrian bank Creditanstalt Investment Bank AG against law firm Chadbourne & Parke. The bank had based its legal malpractice claim on allegedly negligent advice Chadbourne Moscow office gave about the structure of an investment vehicle whose legality later came under scrutiny.
Sat, Jan 9, 2010 law.com