Houston trial firm Caddell & Chapman, which sought a court order requiring that a fee dispute with former associate Craig Marchiando go to arbitration, has filed a notice of nonsuit because of a settlement.
Michael Caddell, a name partner at Caddell & Chapman, and Marchiando, now at Consumer Litigation Associates in Newport News, Virginia, confirmed the underlying fee dispute has ended.
“We resolved everything with Craig,” Caddell said, adding that terms of the settlement are confidential.
On Nov. 8, Caddell & Chapman filed a suit in state district court in Harris County seeking a declaratory judgment that the Houston Bar Association arbitration process should resolve the fee dispute. In the petition, Caddell & Chapman alleged that it offered Marchiando, who left the firm in 2015 and now lives in Virginia, five percent of the net attorneys fees received from the settlement of litigation filed against Sirius XM Radio. Marchiando asserted he is entitled to a 15 percent interest in the fees.
Caddell declined to say how much the firm earned in fees from the litigation.
In the notice of nonsuit, Caddell & Chapman dismissed their claims against Marchiando, with each party paying its own costs and attorney fees.