I see another major law firm has been sued for legal malpractice by a hedge fund manager and a distressed investment firm who claim that their lawyers didn’t advise them about a particular term in a deal involving tens of millions of dollars, if not more.

Homeowners sued their lenders, creatively claiming that the lender had a separate duty to disclose to each of them the lender’s intent to defraud them on their loans.

A bankruptcy court recently ruled on what constitutes “goods” that are entitled to a priority administrative claim for their value under § 503(b)(9) of the Bankruptcy Code.