Posted Jun 30, 2010 07:28 pm CDT
He was seeking $8 million. But a jury awarded former Chicago Bulls star Scottie Pippen $2 million this week in his legal malpractice claim against a Windy City law firm, reports the National Law Journal in an article reprinted in New York Lawyer (reg. req.).
“It was not all that we asked for, but it was not an insignificant amount,” says Pippen’s attorney, George Spellmire, of the jury verdict against Pedersen & Houpt in the Cook County Circuit Court case.
The lawsuit revolved around an ill-fated deal to purchase a 2002 Gulfstream jet. Pippen contended that Pedersen & Houpt didn’t advise him properly and had a conflict of interest. However, the jury found that he also was partly responsible for the problems that occurred with the investment.
More details about the case are provided in an earlier ABAJournal.com post: