Negligent Law Firm Fails To Adequately Represent Client In Bankruptcy Proceedings

ByVictoria Negron

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Updated onApril 3, 2018

Negligent Law Firm Fails To Adequately Represent Client In Bankruptcy Proceedings

This case involves a bank that engaged a law firm to prepare loan documentation for a multi-million dollar loan. Although the law firm claimed to have expertise in providing legal services regarding banking, commercial loan documentation, and bankruptcy, the firm made a basic drafting error causing the bank several million dollars in damages. The law firm subsequently represented the bank in the debtor’s bankruptcy proceedings. However, the law firm was allegedly negligent in their duties causing the dismissal of the bank’s claim. The law firm claimed it was owed unpaid legal fees for the engagement, however, the bank asserts the firm failed in its responsibility to represent the bank, to draft adequate loan documentation, and to uphold their fiduciary duty. An attorney with considerable expertise in bankruptcy law was sought to review the facts of the case for the defense to determine whether or not the plaintiff law firm acted negligently.

Question(s) For Expert Witness

1. Briefly describe your knowledge of the proper procedures for drafting loan documentation,

2. Do you have experience representing banks in bankruptcy proceedings?

Expert Witness Response E-058673

inline imageI am a nationally recognized expert in bankruptcy law. I am a recipient of a national bankruptcy fellowship and the lead editor for an industry-leading bankruptcy law treatise. In my practice of law, I have represented both debtors and creditors in commercial disputes. I have extensive experience with a number of commercial law matters, including financial restructuring, fraudulent transfers, asset sales, valuation issues, and contract modification. I hold a law degree from one of the top-10 law schools in the country. I am a professor of law at a northwestern law school and the director of the center for entrepreneurship at a liberal arts college. Prior to moving to academia, I practiced at two of the most prestigious law firms in the world and worked on a number of high-profile matters.

About the author

Victoria Negron

Victoria Negron

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.

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