Alston & Bird Cuts Visteon Some Slack On Fees

Law360, New York (September 10, 2009, 5:24 PM EDT) -- Bankrupt auto parts supplier Visteon Corp. has reached an agreement with Alston & Bird LLP that will allow the law firm to continue to prosecute GPS patent litigation on the company's behalf, receiving compensation through contingency fees rather than hourly rates.

The U.S. Bankruptcy Court for the District of Delaware approved the settlement Sept. 8, ruling that the request was in the best interests of Visteon's estates, their creditors and all other parties of interest, while authorizing the company to take all actions necessary to implement...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.