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SAGE REALTY v. PROSKAUER ROSE

91 N.Y.2d 30 (1997)

689 N.E.2d 879

666 N.Y.S.2d 985

In the Matter of Sage Realty Corporation et al., Appellants, v. Proskauer Rose Goetz & Mendelsohn LLP, Respondent.

Court of Appeals of the State of New York.

Decided December 2, 1997.

Attorney(s) appearing for the Case

Nixon, Hargrave, Devans & Doyle LLP, New York City (Frank H. Penski, Richard A. Lafont, Christine A. Char and Constance M. Boland of counsel), for appellants.

Proskauer Rose Goetz & Mendelsohn LLP, New York City (Nancy Kilson and Richard L. Spinogatti of counsel), pro se.

Judges TITONE, BELLACOSA, SMITH, CIPARICK and WESLEY concur; Chief Judge KAYE taking no part.

LEVINE, J.

In 1994, petitioners retained Proskauer Rose Goetz and Mendelsohn LLP to provide all legal services in connection with a $175 million mortgage financing with Nomura Asset Capital Corporation and Nomura Securities International, Inc. (Nomura mortgage financing) and a restructuring of ownership interests, all involving four major New York City office buildings and various interests in six other New York...

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