Posted Jul 19, 2012 10:30 am CDT
Corrected: A lawyer for Baker & McKenzie argued before the Mississippi Supreme Court on Tuesday in an effort to overturn a $103 million malpractice verdict against the firm.
Businessman Lavon Evans Jr. won the jury award in October 2010 based on claims that the law firm represented him at the same time it represented his partner in an oil-rig drilling business. Evans claimed he was unaware that his partner was insolvent and was using Evans’ assets to obtain millions of dollars in loans.
Lawyer David Clark argued on behalf of the law firm, telling the court that documents show Evans had no objections to the loans, the Associated Press reports.
Updated at 10:50 a.m. to correct a reference to Lavon Evans Jr.