TITLE

. . .while firm is rocked by successful $65.5m claim from wealthy heiress

AUTHOR(S)
Begum, Husnara
PUB. DATE
March 2005
SOURCE
Lawyer;3/28/2005, Vol. 19 Issue 12, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that a Texan jury has returned a 65.5 million dollars verdict against Houston-based firm Baker Botts LLP (Baker Botts). The jury found that Baker Botts breached its fiduciary duty when it failed to disclose "all-important information" in relation to estate planning work for wealthy widow Kathleen Cailloux following the death of her husband. The jury, by a vote of 10 to two, found that Cailloux should be awarded 65.5 million dollars, which represents the value she should have received in the trust had she not agreed to waive her rights to the money.
ACCESSION #
17187819

 

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