A vindicated defendant can be awarded attorney fees under the Equal Access to Justice Act where the company that had promised to indemnify him is insolvent, a federal judge has ruled.

Southern District of New York Judge Thomas Griesa said that Steven Angel, cleared of wrongdoing in the filing of a false small business disclosure form on behalf of a boxing promotional company in a Securities and Exchange Commission proceeding in New York, will receive attorney fees from the U.S. government even though the act does not allow for the award of fees to people who are indemnified.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]