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MACQUARIE CAPITAL (USA) INC. v. MORRISON & FOERSTER LLP

5165, 650988/15.

157 A.D.3d 456 (2018)

68 N.Y.S.3d 458

2018 NY Slip Op 00091

MACQUARIE CAPITAL (USA) INC., Appellant, v. MORRISON & FOERSTER LLP, Respondent.

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

Decided January 9, 2018.

Accepting plaintiff client's allegations as true and drawing all reasonable inferences in its favor (see Leon v Martinez, 84 N.Y.2d 83, 87-88 [1994]), a legal malpractice claim was sufficiently alleged (see Fielding v Kupferman, 65 A.D.3d 437, 439 [1st Dept 2009]). Plaintiff, a lead underwriter on a public offering of a Chinese corporation, claimed that defendant law firm was negligent in...

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