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Gunster Yoakley Faces $170M Malpractice Suit
A long-threatened blow fell Thursday on Florida-based Gunster, Yoakley & Stewart and one of its shareholders, as bankrupt factoring firm E.S. Bankest L.C. filed a legal malpractice suit against the law firm. The suit contends the defendants breached their fiduciary duties and seeks compensatory damages of $170 million. Gunster's president, Donald Beuttenmuller Jr., denied any wrongdoing, adding, "The corporation and people who ran it lied to us as they did to their accountants."Akerman lures away Gunster shareholder
Attorney and Miami Beach Mayor Neisen O. Kasdin begins a new job this week as the head of Akerman Senterfitt's 27-lawyer land-use practice group in Miami. Formerly a shareholder at Gunster Yoakley & Stewart, Kasdin will bring two associates with him.Working at the 'Energy Crossroads'
The International Biofuels Commission is a not-for-profit trade and advocacy organization that supports greater production and use of biofuels, including ethanol. IBC general counsel James McDonald is also a stakeholder in the renewable energy and business litigation practices in Florida law firm Gunster, Yoakley & Stewart's Miami office. He spends 10 hours or more a week on IBC business. He has no separate legal staff to assist him with the IBC's work and uses no outside counsel.Gunster Yoakley Faces Two Malpractice Trials
Gunster Yoakley & Stewart faces two legal malpractice trials in which plaintiffs are accusing the Florida-based law firm and its attorneys of conflict of interest and are seeking tens of millions of dollars in damages. Both suits -- one involving heirs to the Gannett newspaper fortune -- claim that Gunster lawyers failed to properly notify a client that the firm represented one or more other parties with whom the client did business. Some experts say a loss could force the law firm into bankruptcy.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
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