Sharper Image, Davis Polk Settle Legal Fees Dispute

Law360, New York (July 14, 2009, 12:00 AM EDT) -- Davis Polk & Wardwell LLP has agreed to pay $80,000 to bankrupt gadgetry retailer Sharper Image Corp. to settle a dispute over legal fees.

Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware on Monday granted a motion by Sharper Image, now known as TSIC Inc., to approve the settlement with Davis Polk.

“After substantial negotiations ... and in the interests of expeditious resolution and to eliminate the uncertainty and costs of prolonged discovery and litigation, the parties have agreed that it...
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