Malpractice Claim Proceeds Against Shearman & Sterling
A Manhattan appellate court has allowed a legal malpractice suit to proceed against Shearman & Sterling over the New York law firm’s alleged failure to perfect a priority security interest for a private investor. The New York Appellate Division, 1st Department ruled that James Garten had adequately pleaded his malpractice claim alleging that Shearman inadequately advised him on a $750,000 loan
