legal fees News

Norfolk Southern Says Cost of Fiery Ohio Derailment Doubles to $803 Million

OMAHA, Neb. (AP) — The costs associated with Norfolk Southern`s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits. Norfolk …

Insurers’ Attorneys Demanding Reimbursement for Baseless Lawsuits

McClenny Moseley & Associates cast a wide net in search of hurricane victims to sign on as clients. Soon, the Houston-based law firm may start paying to clean up some of the detritus that it caught. Attorneys who represent United …

Judge Clears Boy Scouts’ $850M Sex Abuse Settlement Plan With Conditions

The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization plan to exit bankruptcy and settle more than 80,000 claims brought by victims of sexual abuse. The ruling by U.S. …

Cloudy D&O Policy Language May Force Insurer to Pay for Defense of Investor Suit

Because of “ambiguous” policy language in a complicated insurance contract, a directors and officers insurer may be liable for more than $600,000 in legal fees paid by the founder of a business that was sued by its investors. A panel …

Church Official Warns of Financial Flood Due to Abuse Claims

SANTA FE, N.M. (AP) — A top official with the Archdiocese of Santa Fe says a financial flood from clergy sex abuse claims is coming and a settlement would serve as the dam to prevent devastation to parishes across northern …

Lawyers Seeking 32% of $641M Flint Tainted Water Settlement

DETROIT (AP) — Lawyers who negotiated a $641 million settlement for victims of Flint’s lead-contaminated water are asking a judge to set aside up to 32% for fees and expenses for years of work on the case. If granted, the …

PG&E Judge Rejects Bid to Throw Out Victims’ Bankruptcy Vote

The judge overseeing PG&E Corp.’s bankruptcy rejected an effort by dissident fire victims to upend voting on the California utility’s reorganization plan. Judge Dennis Montali said during a hearing Friday that he planned to deny a motion asking to throw …

Lampert Loses Ruling Tied to $718 Million Claim on Old Sears

Eddie Lampert suffered a setback in federal court this week when a judge effectively ruled that some of his claims against the bankrupt estate of Sears Holdings Corp. have so little priority that they are likely worth a fraction of …

Author Says Lawyers, not Plaintiffs, the Real Winners in Class-Action Suits

Brooke Melton died on her 29th birthday. Her Chevy randomly shut off in the middle of the highway a little before 8 p.m., and she crashed into a creek in Atlanta. A couple hours later, her parents were notified by …

Cinemark Attorneys Want Colorado Theater Shooting Victims to Pay $700K in Legal Fees

Attorneys for Cinemark want victims of a 2012 shooting at a Colorado movie theater to pay nearly $700,000 in legal fees after they unsuccessfully sued the theater chain. The company’s lawyers told a judge they need the money to cover …