Cahill Wins Dismissal in Malpractice Action for International Law Firm
Date: 04/26/13
Cahill won dismissal of claims in a $104 million malpractice suit filed in a New York Supreme Court against Willkie Farr & Gallagher LLP alleging the firm had exposed David Lichtenstein, chair and CEO of the Lightstone Group and former owner of the Extended Stay, Inc. hotel company, to liability after heeding advice allegedly given by Willkie Farr lawyers to put Extended Stay, Inc. into bankruptcy.
In an April 26 ruling, New York State Supreme Court granted Willkie Farr’s motion to dismiss, ruling that the law firm was not negligent in its advice to Lichtenstein and finding that the firm had provided advice consistent with the ordinary reasonable skill and knowledge possessed by a member of the legal profession.