In-House Attys Fire New Salvo In Battle Over Law Firm Fees

Law360, New York (March 18, 2013, 8:00 PM EDT) -- The nation's largest association representing in-house counsel — a vocal advocate for driving down law firm bills — has for the first time jumped into an ongoing legal fee battle, lobbying a federal judge overseeing a securities class action against Citigroup Inc. to reject the plaintiff lawyers' $100 million fee request.

The friend-of-the-court letter filed as part of a $590 million class action settlement arising from Citigroup Inc.'s allegedly faulty collateralized debt obligations represents the Association of Corporate Counsel's new interest in engaging the judiciary directly to...
To view the full article, register now.

Related

Sections

Case Information

Case Title

In Re: Citigroup Inc. Securities Litigation


Case Number

1:07-cv-09901

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Sidney H. Stein

Date Filed

November 8, 2007

Law Firms

Companies

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.