Blawgletter’s heard scads of complaints about paying hourly fees in business litigation. We talked about that very phenomenon, and the reality it reflects, in August of 2007. But today brought a startling reminder that companies don’t act as if they mind paying squads — multiple squads — to handle high-stakes lawsuits. Quite the opposite.

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Platinum Equity plans to end its pact with PPG Industries to buy PPG’s automotive glass bidness.  PPG press release here; WSJ article here.  Platinum feels so strongly about the justness of its position that it sued PPG in Manhattan to get a judicial declaration that it could walk away from the $500 million