Chadbourne Halts Legal Fees Suit Against Insurance Broker

Law360, New York (September 7, 2012, 3:39 PM EDT) -- Chadbourne & Parke LLP and Risk Capital Partners Insurance Brokerage NY LLC reached a settlement Thursday in the law firm's suit against the New York City-based insurance finance businesses for breach of contract and damages of more than $377,000 in allegedly unpaid legal fees.

Manhattan Judge Joan A. Madden signed off on a discontinuation of the case without prejudice, citing a settlement agreement that was not made public, in an order docketed Thursday.

The law firm sued in November, claiming the defendant businesses engaged Chadbourne in January 2009...
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.