GRETNA – An investment firm is suing a law firm over alleged legal malpractice.
ICMAC, LLC filed suit against Shapiro and Daigrepont, LLC in the 24th Judicial District Court on Sept. 24. ICMAC claims it acquired a package of promissory notes in 1981 including that of Vanessa Jones.
The plaintiff alleges that Williams defaulted on the mortgage in 2004 and that the Mortgage Clearing Corporation (MCC) referred the collection of the default to Shapiro and Daigrepont.
The plaintiff asserts that before the mortgage default could be completed Hurricane Katrina struck and damaged the property. ICMAC alleges that MCC received an insurance payout on the home following the hurricane and subsequent flood, but ICMAC did not. The plaintiff alleges that Shapiro and Daigrepont compromised the rights of ICMAC to collect on the note and charged them excessive legal fees to represent them in the matter. ICMAC further claims that SHapiro and Daigrepont assigned inexperienced attorneys to work on the case with little oversight.
The defendant is accused of failing to provide competent legal services and causing the plaintiff to incur additional legal fees.
ICMAC is represented by Carlee J. White of the Law Offices of Amite-based Regina Scoto Wedig, LLC.
The case has been assigned to Division C Judge June Berry Darensburg.
Case no. 719-389.