Texas Real Estate Firm Prevails Over Malpractice Claim on Appeal

A commercial real estate firm and one of its attorneys won an appeal to reverse a jury trial’s verdict that made them liable for malpractice, because they failed to timely assign someone as a responsible third party in a fraud lawsuit, a Texas appeals court ruled.

Real estate broker Henry S. Miller Commercial Co. was represented by Newsom, Terry & Newsom LLP in a lawsuit over damages from a property sale that fell through after buyer James Flaven disappeared. The company later sued the firm and attorney Steven Terry, claiming that they must pay the full $12 million in damages ...