Orrick, Cleary Sued for $300 Million Over ‘One-Word Error’ (1)

One mistakenly pluralized word could cost law firms Orrick, Herrington & Sutcliffe and Cleary Gottlieb Steen & Hamilton hundreds of millions of dollars.

TerraForm Power LLC was on the hook for $300 million in payments because M&A lawyers at the firms allowed the word “buyers” instead of “buyer” into a purchase agreement, the company said in a lawsuit filed Wednesday in New York state court.

The renewable energy producer is seeking damages of at least $310 million from the law firms in the malpractice suit. Orrick and Cleary both said the allegations are without merit.

The alleged error came in ...