A Long, Lonely Summer for Attorneys at Weil Gotshal. In an April 18, 2009 post, we reported that Weil Gotshal was seeking $55,000,000 in fees in the Lehman bankruptcy for work done from September 15, 2008, to January 31, 2009. That was then, this is now. Ashby Jones reports for the WSJ […]
Obscure Wedge Issue in the Making? Have we managed to identify a minor political wedge issue involving the very obscure issue of tax breaks for expenses in contingency cases? Read on, and make up your own mind. David Freddoso and Kevin Mooney have an opinion piece in the San Francisco Examiner under
2008 Fulbright Litigation Trends Survey Confirms the Reality of the Situation. Fulbright & Jaworski has come out with its 2008 Litigation Trends Survey. This survey shows that companies having at least one lawsuit filed against them in 2008 fell to 79%, as compared to 83% in 2007. Likewise, companies bringing at least one legal
But Federal Judge in Minnesota is Not a Happy Camper. Half empty or half full? “According to one very irate federal judge in Minnesota,” reports Dan Levine for The Recorder, “jailed plaintiffs lawyer William Lerach just helped his former colleagues lose about $45 million in fees.” Still, Coughlin Stoia Geller Rudman &
Bankruptcy Court Approves Request of Madoff Trustee and Law Firm for $15,000,000 in Attorney’s Fees. The New York Law Journal reports that Southern District of New York Bankruptcy Judge Burton R. Lifland has approved a request of Irving H. Picard, the liquidating trustee of Bernard Madoff’s investment firm, and his team of lawyers, for
The Ninth Circuit Having Spoken, Trial Judge Awards Token. In an April 26, 2009 post, we reported that class representative incentive agreements that created conflicting interests required new consideration of fee awards to objectors and class counsel. The case was Rodriguez v. West Publishing, Case Nos. 07-56643 et al. (9th Cir. Apr. 23, 2009)
Judge Velasquez Honors “Capped” Agreement Between the Parties. In past posts of December 1, 2008 and June 15 and June 27, 2009, we have been following the attorney’s fees hearing in the case where The Orange County Register settled with carriers in a wage-hour class suit. On July 16, 2009, Orange County Superior
Bluetooth Settlement Approved, But More Information On Fees Requested From Plaintiffs’ Attorneys. In our June 7 , 2009 post, we described the pending class action settlement of a case that alleged Motorola, Plantronics, and GN Netcom failed to adequately warn Bluetooth owners about potential hearing losses from use of the devices. Earlier this
Lenny Dykstra’s Legal Bills. Lenny “Nails” Dykstra filed for Chapter 11 bankruptcy protection in California last Tuesday, July 7, listing some pretty substantial fees owing to several law firms. The bankruptcy filings show he owes K&L Gates about $1.5 million in fees and owes a little over $342,000 to O’Melveny & Myers. (Mr.
Los Angeles County Jury Sides With Plaintiff. Lewis Brisbois Bisgaard & Smith was owed over $1 million by ReadyLink Healthcare, Inc., a nursing registry that provides hospital staffing, as a principal result of Lewis Brisbois' unsuccessful handling of a trade secret trial (as well as other matters) on ReadyLink's behalf. ReadyLink eventually sued for
