This litigation is an outgrowth of an earlier and still pending November 1996 action by plaintiff, The William Kaufman Organization, Ltd., Melvyn Kaufman, Sage Realty Corporation and eight limited liability corporations, against Proskauer Rose L. L. P. (Proskauer) alleging legal malpractice arising out of Proskauer's representation of plaintiffs in the restructuring and refinancing of debt on four commercial buildings in Manhattan owned and/or managed by plaintiffs. Plaintiffs...
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