In a legal saga fraught with twists and turns, a partner from Jaspan Schlesinger LLP and his former client, embroiled in a $12 million malpractice dispute stemming from advice given in 2015, have narrowly evaded the imminent commencement of a high-stakes jury trial.
Settlement Secured Amidst Trial’s Onset
Late Thursday, defendants Stephen P. Epstein and the law firm Jaspan Schlesinger orchestrated a legal maneuver, entering a stipulation of discontinuance without prejudice alongside the plaintiff, Alrose Steinway LLC. This strategic move signified the resolution of a contentious complaint initially lodged against Epstein in 2017. Alrose Steinway had accused him of legal negligence, contending that he had failed to adequately review a critical lease amendment.
Jaspan Schlesinger $12M Malpractice Suit :The Roots of the Legal Clash
The origins of this intricate dispute harken back to 2015 when Epstein provided advisory services to Alrose Steinway concerning a lease held by the company with landlords in Astoria, Queens. The plaintiff’s initial complaint asserted that Epstein had negligently characterized a proposed lease amendment as “merely housekeeping.” He had reassured Alrose Steinway’s principal, Allen Rosenberg, that the document bore no substantive impact on the company’s lease rights.
