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High Court Loss Prompts Malpractice Claim Against McGuireWoods
A loss before the U.S. Supreme Court has led to an unusual legal malpractice suit against McGuireWoods. Ideal Steel Supply was the losing party in the ruling, which sharply limited third parties' ability to bring civil claims under RICO. Ideal said McGuireWoods botched the case by pursuing a "unique and novel" but ultimately "inappropriate" civil RICO claim. A New York judge has dismissed the RICO-related claim but let Ideal go forward with claims that McGuireWoods' mismanagement resulted in higher bills.