Frank McCourt Says His Legal Malpractice Claim Could Be Worth Hundreds of Millions of Dollars
Dodgers owner Frank McCourt contends in court filings that he could be entitled to “hundreds of millions of dollars” as a result of alleged malpractice by the law firm that drafted a prenup for him.
McCourt made the claim as he battles Bingham McCutchen, which filed suit in April seeking unpaid legal fees and a declaratory judgment that it had done nothing wrong, the Los Angeles Times reports. “The damages stemming from Bingham’s malpractice could be relatively modest,” McCourt argued in the document, “or the damages could reach into the hundreds of millions of dollars.”
McCourt will ask a Boston judge on Monday to dismiss the Bingham suit in an effort to clear the way for a malpractice claim, the story says.
The prenup agreement at issue had two versions: In the later version, the word “exclusive” was changed to “inclusive” to indicate that Frank McCourt was sole owner of the baseball team and not subject to California community property law. Bingham partner Larry Silverstein has testified he made the change to correct a drafting error. The agreement has since been invalidated and McCourt is continuing his legal battles to retain control of the team.