Locke Lord's Fees Lowered In Energy Contract Suit

Law360, New York (September 16, 2011, 2:08 PM EDT) -- Attorneys from Locke Lord Bissell & Liddell LLP and Stevens Love Hill & Holt PLLC were awarded $435,000 in fees Thursday after winning $19.8 million for client Peak Energy Corp. in a breach of contract suit, a 90 percent reduction from what the lawyers requested.

Peak's attorneys had sought $4.9 million after representing the company in its Texas federal lawsuit against Chesapeake Energy Corp., filed in 2009 alleging Chesapeake had violated a contract when it abandoned a deal to acquire oil and gas leases as the...
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