Lender Denied $28M Slice Of Alioto Attys' Fees In LCD Case

Law360, New York (April 25, 2013, 7:18 PM EDT) -- A California federal judge on Thursday shot down LFG National Capital LLC's bid to force plaintiffs' attorney Joseph M. Alioto to repay a $28.2 million loan debt from attorneys' fees awarded in multidistrict litigation over alleged price-fixing among liquid crystal display companies.

U.S. District Judge Susan Illston said she did not have jurisdiction to resolve the dispute — in which LFG had asked for more than half of the Alioto Firm's $47 million award for its work in the LCD antitrust litigation — in part because...
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Case Information

Case Title

In Re TFT-LCD (Flat Panel) Antitrust Litigation


Case Number

3:07-md-01827

Court

California Northern

Nature of Suit

Anti-Trust

Judge

Susan Illston

Date Filed

April 20, 2007

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