Pursuits
Cadwalader, Baker Botts, Squire Sanders: Business of Law
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Cadwalader Wickersham & Taft LLP lost a malpractice claim brought by client Red Zone LLC over an $8 million fee to UBS AG for advice the bank gave the investment firm on its efforts to control theme-park operator Six Flags Inc., a New York state judge ruled.
Former Cadwalader partner Dennis Block, now head of the mergers and acquisitions practice at Greenberg Traurig LLP, was the attorney primarily responsible, according to an Aug. 27 ruling by Judge Melvin L. Schweitzer in favor of a malpractice summary judgment claim against the firm. Block wasn’t named in the suit.