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...
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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

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