A California appellate court on Monday upheld a ruling vacating $88.5 million in attorney fees for New York's Milberg Weiss Bershad Hynes & Lerach and four other law firms in a huge case over smog-impact fees, saying the award was an unconstitutional gift of public funds. The ruling orders a new arbitration at which the award, if any, cannot exceed about $18.2 million, plus 10 percent interest over the last four years.
California Appeals Court Rips $88M Fee Award in Smog Case
July 23, 2002
This article requires premium access
This article requires premium access to Law.com. Please sign in or subscribe to read the full text.