Ex-Pali CEO Sues Glaser Weil Over Defense Fees

Law360, New York (October 1, 2010, 4:21 PM EDT) -- The former CEO of brokerage company Pali Capital — part of now-bankrupt Pali Holdings Inc. — has filed an adversary proceeding against his ex-law firm Glaser Weil Fink Jacobs Howard & Shapiro LLP, in an attempt to avoid paying the firm nearly $1 million in legal fees related to a securities suit.

Glaser Weil is billing Bradley Reifler upward of $900,000, even though he agreed with the firm that it should be billing Pali, according to the adversary complaint filed in the U.S. Bankruptcy Court for...
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