Louisiana Mineral Rights Malpractice Attorneys

Commercial, Real Estate, and Mineral Rights Malpractice

When persons or businesses engage in transactions, whether for the sale of assets or perhaps for the sale of entire businesses, it is essential the transactions be conducted properly by the attorneys responsible for such transaction. The sale of assets or entire enterprises is highly complex and business owners rely entirely on their attorneys to get it right. Unfortunately, simple mistakes in transactional documentation can create enormous losses for the business owner, and in those situations, a lawsuit against your former attorney may be the only way to recover your financial loss.

An attorney’s failure to properly complete necessary documentation in the sale of real property can have disastrous consequences for either buyer or seller. Common errors creating substantial losses for real estate sellers and buyers include failure to convey the correct property, failure in description of boundaries, failure to recognize easements, failure to ensure clean title prior to sale, among many other possible mistakes during the transaction.

Real property owners in Louisiana know the value of mineral interests, rights, and royalties—particularly property owners located in areas with proven oil and gas reserves. Transactional errors in preserving or appropriately conveying mineral interests during the sale of real property can cause enormous financial losses. Attorney mistakes in drafting documents can and do result in irreversible losses and damages for the client, leaving a legal malpractice action as the only available means for the client to recover some or all of the loss caused by the attorney’s mistake.

These matters are very time consuming to evaluate and strict time deadlines apply to filing legal malpractice lawsuits. If you suspect you or your business have suffered losses as a result of an attorney’s failure to appropriately handle a transaction or by some failure in the litigation process, please do not delay in contacting us. We may be able to help.