Judge Dismisses Millionaire’s Malpractice Claim Against Schnader Harrison Over Trust Agreements

October 12, 2010

A Pennsylvania judge has dismissed the legal malpractice claim brought by multimillionaire Raymond Perelman against Schnader Harrison because the statute of limitations bars the claim. Perelman sued the firm and former Schnader Harrison attorney Vickie Waitsman, alleging the firm committed malpractice in the creation of legal documents that transferred some of his business interests into a trust created on behalf of his son and granddaughter, allegedly contrary to his intentions.