Argentine Firms Won't Share In BofA $410M Settlement

Law360, Chicago (December 12, 2011, 2:40 PM EST) -- A Florida federal judge shot down attempts by two Argentine law firms Thursday to participate in the allocation of attorneys' fees tied to Bank of America NA's $410 million settlement in a multidistrict litigation accusing banks of charging customers exorbitant overdraft fees.

In their petitions to intervene in the case, the South American firms and several attorneys claimed they were embroiled in a contractual dispute with Alters Law Firm PA, one of the firms representing the plaintiff class, regarding the distribution of attorneys' fees under fee-sharing...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.