AmBase Corp. v. Davis Polk & Wardwell
New York Court of Appeals
POINTS OF COUNSEL
1Opinion of the Court
OPINION OF THE COURT
ClPARICK, J.
In this appeal we are asked to determine whether a law firm that successfully litigated an Internal Revenue Service (IRS) tax dispute nonetheless committed legal malpractice when it failed to question whether an agreement entered into between the client and a related company may have relieved it of the tax liability in dispute. We are also asked to determine whether defendants were properly awarded a money judgment where defendants had not answered or asserted a counterclaim. We conclude that defendants did not commit legal malpractice, and a money judgment was…
2Cases cited7 opinions
- Armstrong v. ManzoSupreme Court of the United States · 1965
- McCoy v. FeinmanNew York Court of Appeals · 2002
- Carmel v. LunneyNew York Court of Appeals · 1987
- Darby & Darby, P. C. v. VSI International, Inc.New York Court of Appeals · 2000
- NA KERSON CO., INC. v. ShayneNew York Court of Appeals · 1978
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3Cited by103 opinions
- Leder v. SpiegelNew York Court of Appeals · 2007
- Wyly v. WeissCourt of Appeals for the Second Circuit · 2012
- Bua v. Purcell & Ingrao, P.C.Appellate Division of the Supreme Court of the State of New York · 2012
- Barnett v. SchwartzAppellate Division of the Supreme Court of the State of New York · 2007
- Nomura Asset Capital Corporation v. Cadwalader, Wickersham & TaftNew York Court of Appeals · 2015
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