Court of Appeals of New York
STATE OF CAL. PUB. EMPLOYEES' RETIREMENT SYSTEM v. SHEARMAN & STEARLING, 1 No. 133
Investor in real estate loans, as assignee of loan originator's equitable rights, had no cause of action for malpractice against loan originator's counsel, where originator's counsel was not retained directly for investor's benefit, and investor's counsel was required to approve closing documents.
Appellate Information
- Decided 11/16/2000
- Published 11/16/2000
Judges
Court
- Court of Appeals of New York