Appellate Division, First Department at 27 Madison Ave. Photo: Ryland West/ALM Former Morrison Cohen Client's Breach-of-Fiduciary Action Against Firm Moves Forward
The former client alleges that Morrison Cohen, the well-respected commercial litigation and corporate transactional firm, helped him and another lip-balm and lotion company co-founder become equal partners, only to years later help that partner potentially oust him from both his thought-to-be equal position and equal financial distribution rights.
March 07, 2022 at 12:02 PM
8 minute read
Corporate Representation
In a reversal of the lower court, a state appeals court is allowing to go forward a breach-of-fiduciary duty claim leveled against Morrison Cohen in the Manhattan Supreme Court's Commercial Division by a former corporate client who was advised on corporate structure and partnership.
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