A federal appeals court has vacated sanctions against a law firm that litigated on behalf of a dissolved company and then withdrew after admitting it didn’t know who had authority over the company.
Wachtel Masyr & Missry was ordered in 2012 to pay $174,411.95 in attorney fees and costs in a case involving Omniway, a holding company set up in Cyprus for Gilad Sharon, the son of former Israeli prime minister Ariel Sharon.
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