Litigation
Apr. 20, 2016
Firms to receive millions in legal fees from settlement
California-based Pearson Simon & Warshaw LLP and Quinn Emanuel Urquhart & Sullivan LLP were approved for nearly $254 million in legal fees from last fall's $1.87B settlement that claimed the nation's largest banks rigged the credit default swaps market.
Daily Journal Staff Writer
Pearson Simon & Warshaw LLP and Quinn Emanuel Urquhart & Sullivan LLP netted nearly $254 million in legal fees as a result of their work in September's mammoth $1.87 billion antitrust settlement, which alleged the nation's largest banks rigged the credit default swaps market.
The fees were approved by U.S. District Judge Denise L. Cote in Manhattan on Friday, who in determining the award, wr...
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