Two Argentinean law firms that claim they should get a share of the legal fees flowing from a $410 million settlement with Bank of America won't get that chance in federal court. A judge ruled state court is the proper venue for the fee fight.
December 14, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Daily Business Review
A federal judge has rejected motions to intervene by two Argentinean law firms claiming a slice of the $123 million in legal fees set aside when Bank of America settled an overdraft class action.
Senior U.S. District Judge James Lawrence King on Friday denied the motions by Raponi & Hunter and Campos y Asociados. King awarded the fees as he approved the $410 million settlement in November without specifying how the money should be divvied up.
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