McCarter & English will not have to face malpractice claims from a former client who says the law firm tanked their business by putting liens on their patents, the New Jersey Superior Court Appellate Division ruled Tuesday.
The firm put liens on the intellectual property of lung disease drugmaker Moerae Matrix when the struggling company refused to pay more than $800,000 in legal bills. McCarter & English won that collection action in a 2019 proceeding in which the trial court refused to let Moerae Matrix bring late counterclaims, and that inability to allege those claims means they can bring them ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.