A Texas litigation funding company has sued Baker, Donelson, Bearman, Caldwell & Berkowitz, alleging the firm mishandled an arbitration, ruining its chances of recovering up to $47.9 million from a plaintiffs firm.

Duncan Litigation Investments (DLI) alleged in a negligence suit filed on Tuesday in State District Court in Harris County that Baker Donelson failed to secure a proper tolling agreement in underlying litigation with an unidentified plaintiffs firm, which meant that it could not recover damages in an arbitration.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]