Simpson Thacher & Bartlett Law Firm Exonerated, Jury Finds No Malpractice in Downfall of Patriot National

A Broward County jury on Thursday exonerated the Simpson Thacher & Bartlett law firm, finding the large New York firm’s lawyers were not negligent in the downfall of Patriot National, the Florida insurance services firm that went bankrupt a decade ago.

It’s too early to say if Patriot National owner Steven Mariano will appeal the verdict, said Bill Scherer, co-counsel in the case.

“We’re looking at our options. I don’t have many cases that don’t end up in the appellate court, but we’ll see,” Scherer told Insurance Journal Friday morning.

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