ArentFox Schiff is going through a conversion and breach-of-contract lawsuit out of California from a Nevada restricted legal responsibility firm. The swimsuit alleges that an ArentFox Schiff lawyer serving as an escrow agent in a enterprise transaction involving the corporate disbursed greater than $1 million in escrow funds with out the corporate’s authorization.
The swimsuit, which was filed on Tuesday in Los Angeles County Superior Court docket, claims that ArentFox Schiff and the opposite defendants, whom the agency represented in a enterprise transaction, had been concerned in “a number of illegal, unfair, or misleading enterprise practices” associated to the transaction.
