Kirkland client Huntsman Corp. revealed Nov. 5 that rival Albemarle had agreed to pay $665 million following an arbitration ruling. The company will net $465 million.
November 08, 2021 at 01:15 PM
3 minute read
The original version of this story was published on The American Lawyer
An apparent $200 million fee award shows that Kirkland & Ellis’ strategic decision to “double down” on contingency fee cases is paying off in a big way.
Kirkland has been representing global chemicals company Huntsman Corp. in a dispute with industry rival Albemarle for several years. And on Nov. 5, Huntsman announced that it had reached an agreement with Albemarle over payment of a recent nine-figure arbitration award.
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