Troutman Predecessor Beats NJ Malpractice Case Over Funding Scam

Locke Lord—which was merged into Troutman Pepper Locke this year—can’t be sued in New Jersey in an oil company’s malpractice case, despite Locke Lord’s ties to the Garden State.

North Dakota-based Dakota Oil Processing LLC sued its lawyers after it was scammed out of $2.5 million in a lending scheme, claiming that proper procedures weren’t set up before wiring cash to a Bermuda-based venture financing firm.

But that case can’t be brought in New Jersey despite Locke Lord maintaining a New Jersey office and having attorneys living in the state generating as much as 4% of the firm’s revenue, the ...