Baker Botts Wins $5.2M In Asarco Bankruptcy Fee Fight

Law360, New York (March 28, 2013, 1:42 PM EDT) -- A Texas federal judge on Tuesday awarded Baker Botts LLP $5.2 million in fees for defending a previous $123.4 million fee award the law firm received in handling the Asarco LLC bankruptcy, saying Baker Botts' work in the bankruptcy justifies the award. 

Asarco argued Baker Botts wasn't entitled to the amount, calling it “fees on fees on fees,” but U.S. District Judge Andrew Hanen disagreed, saying the $5.2 million awards compensable work that Baker Botts performed.

Omar Alaniz, an attorney with Baker Botts, told Law360 the...
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