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$175M suit accuses BigLaw firm of 'critical drafting errors' and 'sloppy and imprecise' contract language

Two energy companies allege that Winston & Strawn bungled two intertwined contracts involving the purchase of Southern California oil and gas wells, leading the two clients to give up a 25% equity stake in their businesses while receiving nothing in return.
United States Winston Strawn Debra Cassens Weiss Michael Blankenship Zargon Acquisition Inc Eb Natural Resources Management Corp

How Do I Know If I Need Errors and Omissions (E&O) Insurance?

Financial advisors offer a lot of personalized advice which can open them up for potential lawsuits if anything goes wrong. These lawsuits not only harm their reputation but can financially devastate their businesses without proper safeguards. Professional liability insurance, often referred to as errors and omissions (E&O) insurance, covers claims of negligence or oversights by […] The post Errors and Omissions (E&O) Insurance for RIAs and Advisors appeared first on SmartReads ...
Tips For Growing Your Firm Need Professional Liability Insurance Professional Liability Liability Insurance Growing Your Einsurance Protection
Source: yahoo.com

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