Chesapeake Slams Preston's $3M Attys' Fee Bid In Contract Row

Law360, New York (September 14, 2012, 5:25 PM EDT) -- Chesapeake Energy Corp. on Wednesday urged a Texas federal judge to reject Preston Exploration Co.’s request for $3.2 million in attorneys' fees for a breach of contract suit, criticizing vague documentation, excessive staffing and the use of $600-per-hour partners for legal research.

The dispute, which stems from Preston’s victory two months ago in a case involving oil and gas leases, centers on what Chesapeake describes as a deeply flawed arrangement in which far too many attorneys were used and overqualified lawyers were tasked with relatively simple...
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