Plaintiffs’ Contingency Arrangement Was Valid and They Breached It.
Here is an interesting one from a January 30, 2012 post in the Texas Lawyer.
Thee Dallas firms — Lisal Blue of Baron and Blue; Charla G. Aldous of the Aldous Law Firm; and Stephen F. Malouf of the Law Offices of Stephen F. Malouf (also designated as “BAM”) — represented Albert G. Hill III, Erin Nance Hill and their minor children (“Hill III”) in a 2010 settlement pursuant to a contingent fee arrangement by which BAM was entitled to over $33.7 million. After unsuccessfully challenging the contingency fee agreement, Hill III were determined to have breached the fee agreement, but U.S. District Judge Reed O’Connor did reduce BAM’s fee recovery to a little under $22 million after sustaining some of Hill III’s objections regarding the contingent fee.
Pretty nice recovery in the state boasting that everything is bigger in it, or “Texas-sized.” (“Even spiders know everything is bigger in Texas.”)
Caption: “Cattleman with his grandson at auction of beef steers and breeding stock at the San Angelo Fat Stock Show. San Angelo, Texas. The Stetson hat, leather coat and boots are standard everyday wear of ranchmen. There is an old saying in Texas that a man never buys but two Stetsons, one when he gets married and the other when his oldest son gets married.” March 1940. Lee Russell, photographer. Library of Congress.