Bankers and lawyers aren’t the most popular professionals in the eyes of the public. So it probably shouldn’t come as a surprise that federal jurors considering a case pitting the American Association for Justice formerly the Association of Trial Lawyers of America against Wachovia Bank couldn’t manage to pick a side.
On Dec. 16, Washington federal district court judge Royce Lamberth declared a mistrial in the two-year-old suit after jurors struggled through six days of deliberations. AAJ and its lawyers at Susman Godfrey had accused Wachovia of breach of contract and fraud, alleging that the bank improperly changed the terms of a $89.5 million loan for the lawyer group to buy a building for its headquarters in downtown D.C. before the sale was set to close.
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