Medley Management Sues Law Firm Lowenstein Over Bankruptcy Work - The Wall Street Journal

Medley Management Inc. is accusing law firm Lowenstein Sandler LLP of malpractice and professional negligence, alleging the investment business was poorly served when a subsidiary filed for bankruptcy and its longtime attorneys became “intoxicated” by fees.

Lowenstein had been representing Medley Management in corporate and securities matters for years, and said the law firm could also counsel subsidiary Medley LLC on its 2021 bankruptcy, according to a complaint filed Friday in New York state court. Medley Management said...

source: https://www.wsj.com/articles/medley-management-sues-law-firm-lowenstein-over-bankruptcy-work-11651526333

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