A Manhattan Supreme Court judge has thrown out a real estate investor’s malpractice suit against Willkie Farr & Gallagher, finding the firm was not negligent in its advice.
David Lichtenstein, chairman and CEO of the Lightstone Group, sued the firm in June 2012 alleging $104 million in damages. Lichtenstein v. Willkie Farr & Gallagher, 652092/2012, claimed the firm inappropriately advised Lichtenstein to put a hotel company he led, Extended Stay Inc., into bankruptcy.
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