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CHADBOURNE & PARKE, LLP v. HGK ASSET MANAGEMENT, INC.

295 A.D.2d 208 (2002)

743 N.Y.S.2d 711

CHADBOURNE & PARKE, LLP, Respondent, v. HGK ASSET MANAGEMENT, INC., et al., Appellants.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided June 18, 2002.

Allegedly on plaintiff's advice, defendants terminated the employment of a minority shareholder of a close corporation, who brought a successful shareholder oppression proceeding (see, Matter of HGK Asset Mgt., 228 A.D.2d 246; 238 A.D.2d 291). When defendants refused to pay plaintiff's bill, the parties, having reached agreement as to the amount owed plaintiff in the event defendants' malpractice...

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