E-Trade Attys Snag $5.5M In Fees For Deutsche Feud

Law360, New York (February 8, 2010, 3:55 PM EST) -- A federal judge has awarded E-Trade Financial Corp. and E-Trade Bank $5.5 million in attorneys’ fees for their breach of contract claim over their $60 million purchase of a Deutsche Bank AG special purpose entity.

Judge Robert W. Sweet of the U.S. District Court for the Southern District of New York on Thursday granted E-Trade attorneys’ fees and costs in the amount of $5.5 million, a reduction of roughly $1.6 million from the figure the company had requested in September.

E-Trade cannot rely solely on the...
To view the full article, register now.