An insurer was years too late in filing its legal malpractice claim against a Margolis Edelstein attorney who advised the carrier during settlement negotiations in a suit that eventually led to a $2 million bad-faith settlement, a federal judge has ruled.
U.S. District Judge Malachy E. Mannion of the Middle District of Pennsylvania last week dismissed New York Central Mutual Insurance Co.’s suit against Margolis Edelstein and attorney Michael T. Savitsky, which sought $2 million plus attorney fees.
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