Federal Judge Allows Expert Testimony In FDIC's Suit

Federal Judge Allows Expert Testimony In FDIC's Suit

TAMPA, Fla. - In a suit in which the Federal Deposit Insurance Corp., as the receiver for a failed bank, alleged that a law firm committed malpractice and breached its fiduciary duty to the bank in relation to a real estate acquisition, a federal judge in Florida on May 1 denied the firm's motion to exclude as improper expert testimony by the FDIC's expert, in part because the defendants' arguments are moot (Federal Deposit Insurance Corp. v. Icard, Merrill, Cullis, Timm, Furen & Ginsburg P.A., et al., No. 11-2831, M.D. Fla.; 2013 U.S. Dist. LEXIS 63709).

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