$500 Million Malpractice Claim Dismissed Against Chadbourne & Parke (Law.com)

A New York judge on Friday threw out a $500 million lawsuit by an Austrian bank against Chadbourne & Parke stemming from advice its Moscow office gave the bank about the structure of an investment vehicle whose legality later came under scrutiny. The judge said the bank provided “no admissible evidence” to support its malpractice claim and could not demonstrate it would have sustained damages if …

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