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Civil Litigation

Aug. 9, 2021

CashCall’s $1B suit against Katten Muchin settles on eve of trial

Settlement terms are confidential for the four-year litigation that was due to begin trial this week in front of a fully vaccinated Orange County jury despite mounting concerns from attorneys and Judge William D. Claster over the spread of the COVID-19 Delta variant.

A nearly $1 billion legal malpractice lawsuit, settled Friday on the eve of trial, involved payday lending company CashCall seeking damages from Katten Muchin Rosenman LLP for alleged breach of contract and fiduciary duty.

The terms are confidential, according to sources familiar with the settlement.

The landmark legal malpractice suit was set to begin trial this week in front of a fully vaccinated Orange County ...

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