Attorneys Seek $9M In Fees In Insurance Case

Law360, New York (June 20, 2007, 12:00 AM EDT) -- The latest motion to settle in the antitrust scandal affecting some of the nation's largest insurers and brokers asks for almost $9 million for the plaintiff attorneys' fees from the defendant, Arthur J. Gallagher & Co.

Attorneys filed the motion Tuesday in the U.S. District Court of the District of New Jersey before Judge Garrett Brown, where, nearly six months earlier, the defendant chose to settle on preliminary terms for $28 million, with an additional $8.85 million in attorneys' fees.

Gallagher admitted no wrongdoing, but said...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.