Investment Firm Sues Attorney Over Corporate Dispute

ByJoseph O'Neill

Updated on

Investment Firm Sues Attorney Over Corporate Dispute

Case Overview

This case involves an investment firm in Washington that decided to litigate against the law firm that formerly represented it. Initially, there was a misunderstanding over the annual fees the capital market investment firm owed to an investment bank, where the firm believed an oral agreement to cap the bank’s fees nine years prior led to the draft of a side agreement facilitated by the investment firm’s lawyer. During the first trial, the court ruled that the agreement was nullified and that the investment firm was required to pay the bank a much higher fee. Additionally, a lawyer representing the investment firm testified that he had told the firm their oral agreement was ambiguous, after stating prior to the trial that he had seen a handshake in agreement of limiting the bank’s fees.

About the author

Joseph O'Neill

Joseph O'Neill

Joe has extensive experience in online journalism and technical writing across a range of legal topics, including personal injury, meidcal malpractice, mass torts, consumer litigation, commercial litigation, and more. Joe spent close to six years working at Expert Institute, finishing up his role here as Director of Marketing. He has considerable knowledge across an array of legal topics pertaining to expert witnesses. Currently, Joe servces as Owner and Demand Generation Consultant at LightSail Consulting.

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