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In re Monahan Ford Corp.

In re Monahan Ford Corp.

Ruling
Law firm's failure to timely assume leases of seek extension was negligent as a matter of law.
Procedural posture

The trustee for a chapter 7 debtor asserted claims against a law firm for legal malpractice in their representation of the then-chapter 11 debtor-in-possession. The trustee filed a motion for partial summary judgment as to all issues except damages and the firm filed a cross motion for summary judgment.

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Commercial opinion summary, case decided on July 02, 2008 , LexisNexis #0808-061