Regulation Companies
Kasowitz Benson sues former Gibson Dunn associate for practically $500K in newest swimsuit searching for authorized charges
Kasowitz Benson Torres is searching for practically $500,000 in authorized charges from a former Gibson, Dunn & Crutcher associate in a lawsuit filed Tuesday in New York state court docket. (Picture from Shutterstock)
Kasowitz Benson Torres is searching for practically $500,000 in authorized charges from a former Gibson, Dunn & Crutcher associate in a lawsuit filed Tuesday in New York state court docket.
The swimsuit searching for charges from suspended lawyer Ignacio Foncillas “is the newest in a string of court docket actions the agency has initiated towards former purchasers because the begin of 2023 for a complete of $5.2 million in authorized charges,” Law.com stories.
Kasowitz Benson had helped Foncillas negotiate a “extremely favorable sentencing settlement,” based on the swimsuit allegations cited by Regulation.com.
Foncillas pleaded responsible in June 2018 to working an unlicensed cash transferring enterprise between america and Mexico. Working with out a license allowed prospects to evade anti-money-laundering safeguards, according to prosecutors. The corporate allegedly aided the transmission of greater than $9 million between the 2 nations.
Foncillas was sentenced to time served, two years of supervised launch, 500 hours of group service and a $7,500 effective. He additionally consented to entry of a $9.4 million forfeiture judgment, however the authorities agreed to simply accept greater than $262,000 in satisfaction of that quantity, based on a court opinion affirming his one-year suspension.
Foncillas didn’t instantly reply to the ABA Journal’s request for remark, despatched to an e mail tackle listed by the New York court docket system. His representatives didn’t return Regulation.com’s request for remark.
Different defendants sued by Kasowitz Benson for charges embody a monetary adviser, an actual property developer and a advertising and marketing company, based on Regulation.com. The biggest quantity sought was $2 million, associated to Kasowitz Benson’s illustration of actual property firms in reference to a mortgage foreclosures.
Regulation.com spoke with Michael Heller, CEO of Cozen O’Connor, in regards to the danger of suing for unpaid charges.
“Most regulation agency normal counsel will attempt to warning their regulation agency leaders towards submitting for unpaid charges since you might get a counterclaim of malpractice,” Heller mentioned.
He declined, nonetheless, to remark particularly on the Kasowitz Benson fits.
