AMBASE CORPORATION v. DAVIS POLK & WARDWELL


30 A.D.3d 171 (2006)

816 N.Y.S.2d 438

AMBASE CORPORATION, Appellant, v. DAVIS POLK & WARDWELL et al., Respondents.

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

June 1, 2006.


Defendants successfully represented plaintiff in a tax dispute with the Internal Revenue Service (see AmBase Corp. v Commissioner of Internal Revenue, 2001 WL 543223, 2001 Tax Ct Memo LEXIS 150 [US Tax Ct] [T.C. Memo. 2001-122]). This legal malpractice claim, premised on defendants' failure to exercise due diligence and pursue a different defense that would have resulted in the underlying tax dispute being resolved in a more...

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