Court reverses fee award of $175,098.73 as unreasonable.
Appellants were attempting to recover attorney’s fees of $175K based on fee clause in contract. The appellants’ agreement with its attorney was a contingency agreement, and resulted in fees of $175K. Appellant’s attorney admitted that it spent approximately 100 hours working on the matter, and that he did not track his time. The Appellate Court held that when a fee application is based on an attorney’s fees clause, the Court can still retains discretion to determine whether the award of fees is reasonable. Click here to read the case.