Law, Strategy, and Risk in Commercial Disputes
Did you really not know that selling out your clients could get you in trouble?
A law firm that agreed to take many millions — up to $7.5 millions — from a defendant in return for getting plaintiff-clients to settle cheap seems not to have thought that far ahead.
The firm hired on to represent…
Last November, on the day the U.S. Supreme Court heard argument in an Investment Company Act case over fees that mutual funds pay their advisers, Blawgletter wrote:
Supremes Listen to Fee Fight
The U.S. Supreme Court today heard what "fiduciary" means for an investment adviser when it charges mutual funds more than institutional investors pay for
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