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FDIC wins legal malpractice case against Icard Merrill, senior partner

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A Tampa federal jury decided prominent Sarasota law firm Icard Merrill and Robert Messick, shareholder and senior partner, committed professional malpractice and breach of fiduciary duty in a real estate deal involving failed First Priority Bank. The Federal Deposit Insurance Corp., receiver for the bank, filed suit against the firm and Messick and was awarded damages of $1.2 million. Messick represented the bank in a $5.3 million real estate loan in 2006 for a developer who was supposed to build…

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