Law Practice,
Class Action
Oct. 14, 2024
Quinn Emanuel's fees halved for $3.7B win for insurers
The law firm scored a major victory for health insurers in two class actions, getting $3.7 billion in damages for insurers seeking Obamacare repayments. Their $185 million fee award was cut in half.
A federal judge has slashed attorney fees for Quinn Emanuel Urquhart & Sullivan LLP in half, from $185 million to $92.4 million, for prevailing in a lawsuit for a class of insurers that sued the Obama administration for failing to meet its obligations under the Affordable Care Act.
Judge Kathryn C. Davis of the U.S. Court of Federal Claims ruled Thursday that Quinn Emanuel's billed hours "are improperly inflated and must be reduced." Health Republic Insuranc...
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