Chadbourne & Parke, LLP v. HGK Asset Management, Inc.
Opinion of the Court
—Judgment, Supreme Court, New York County (Louise Gruner Gans, J.), entered May 11, 2001, which, after a jury trial respecting defendants’ counterclaim for legal malpractice, awarded plaintiff law firm the total amount of $570,470.72, unanimously affirmed, without costs.
Allegedly on plaintiff’s advice, defendants terminated the employment of a minority shareholder of a close corporation, who brought a successful shareholder oppression proceeding (see, Matter of HGK Asset Mgt., 228 AD2d 246; 238 AD2d 291). When defendants refused to pay plaintiff’s bill, the parties, having reached agreement as to the amount owed plaintiff in the event defendants’ malpractice claim was rejected, stipulated that the malpractice claim would be the only issue submitted to the jury. The resulting verdict was not against
Case-law data current through December 31, 2025. Source: CourtListener bulk data.