New Jersey Law Journal

The New Jersey Law Journal is the authoritative source for news about the law, the courts and the legal profession in New Jersey

 

Real Estate Company Sues Law Firm Overseeing Charitable Land Transaction, $3.6M Tax Penalties
2025-10-21 22:18 UTC by New Jersey Law JournalNicholas Malfitanohttps://feeds.feedblitz.com/-/923925620/0/njlawjournal.jpgLegal Malpractice/Law Firm Client Relationships/Real Estate/News

Real estate agency ILAC Realty and other plaintiffs filed a complaint against McKenna Law Firm and associated defendants on Friday, which alleges the firm improperly handled an $18 million property donation transaction. The suit claims the defendants did not provide proper legal and consulting services in the matter, leading to procedural missteps, an Internal Revenue Service audit in 2022 and nearly $3.6 million in penalties.

     

 

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