Editor’s Note: This story has been updated to reflect comments from Boies Schiller and the correct amount of damages awarded to Metavante following the May trial.
The folks over at Emigrant Savings Bank won’t easily forget Kirkland & Ellis. In May, after a breach of contract bench trial before Milwaukee federal district court judge J.P. Stadtmueller, Kirkland won a ruling that permitted its client, Metavante Corp., to keep $3.8 million that Emigrant wanted — and granted Metavante $2 million in damages. That was bad, but here’s a big, fat insult to add to that injury: Last Friday the judge ordered Emigrant to pay nearly $10 million in attorney fees and costs to Kirkland and a Wisconsin firm.
