7th Circ. Probes Firm's Oral Agreement To Fees From Fund

By Celeste Bott ( January 27, 2026, 7:12 PM EST) -- Two Seventh Circuit judges on Tuesday pressed a Ballard Spahr LLP attorney to address why his firm didn't secure in writing that an investment fund would foot the legal bills of one of its officers, as the law firm is arguing to the appellate court that it has a valid claim to legal fees in the fund's bankruptcy proceedings based on an oral agreement....

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