WILMINGTON, Del. (Legal Newsline) – A software company that unsuccessfully sued a law firm for allegedly providing about $65 million worth of bad advice during a buyout of stockholders is appealing to the Delaware Supreme Court.
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A software company will ask the Delaware SC to pin liability for a $65 million mistake on its lawyers
WILMINGTON, Del. (Legal Newsline) - A company that got about $65 million worth of bad advice from a law firm during a buyout of stockholders should have sued the lawyers before the share price was finalized and while the lawyers were still representing the company, a Delaware judge has ruled.
Luke W. Mette has been named Chief Disciplinary Counsel by the Delaware Supreme Court. Mette will now be in charge of the Office of Disciplinary Counsel, an arm of the Delaware Supreme Court.