O’Melveny Notches Win in Long-Running Legal Malpractice Suit (1)

A federal judge in Los Angeles ruled in favor of O’Melveny & Myers in a case alleging the Big Law firm was conflicted in its representation a decade ago of a now-defunct investment firm Aletheia Research and Management.

Judge Christina A. Snyder Oct. 31 refused to toss an arbitrator’s August finding that O’Melveny didn’t commit legal malpractice, noting that “only in very unusual circumstances” does this occur and the investment firm’s trustee didn’t meet this standard.

A Chapter 7 estate trustee for Aletheia, Jeffrey I. Golden, argued that the arbitration award should be vacated pursuant to the Federal Arbitration Act ...