Law Firms' Fees Suit Over $22M Chinese Arbitration Revived

Law360, New York (May 15, 2013, 5:36 PM EDT) -- International law firm Anderson & Anderson LLP can continue to seek contingency fees from a Chinese electronics importer it represented in a $22 million arbitration enforcement proceeding, a New York state appeals court ruled Tuesday, reversing a trial court's dismissal of the case.

In a unanimous decision, the six-judge panel for New York's first appellate division rejected North American Foreign Trading Corp.'s argument that they shouldn't have to pay because they sold their rights to the arbitration award. The trial court had sustained that argument, finding...
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