Baker Botts Attys Nab Higher Fees In $7B Stanford Ponzi Row

By Kevin Penton (July 22, 2021, 3:31 PM EDT) -- A Texas federal judge has approved a fee increase of up to 42% for the Baker Botts LLP attorneys representing a court-appointed receiver in litigation related to a $7 billion Ponzi scheme tied to convicted financier R. Allen Stanford.

U.S. District Judge David C. Godbey on Thursday signed off on raising the hourly rates that Baker Botts attorneys may charge for representing receiver Ralph S. Janvey in the sprawling litigation, from a range of $500 to $720 to a range of $710 to $973 for partners, according to his order and to a rate calculation by the U.S. Securities and Exchange...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Government Agencies

Judge Analytics

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!