ABA won't endorse fee shifting, but oks model; gun violence and equality also on House agenda
Article Abstract:
The most contentious issue in the midyear 1996 meeting of the ABA House of Delegates was the idea of fee shifting. The House passed a model procedure approving this practice when settlement offers are turned down. When the settlement obtained is no more than 75% of the offer turned down, the claimant would under the model procedure pay the legal fees and some other costs of the other side. Fees would involve only those which build up after the offer and could not exceed the judgment. Former ABA Pres George Bushnell said the organization has opposed fee-shifting with the idea that this would keep the poor away from the justice system
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1996
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FDIC legal fees questioned; report: firms paid hourly rates, selected without competition
Article Abstract:
A study concludes that the Federal Deposit Insurance Corp's (FDIC) legal contracting practices are inefficient. The Price Waterhouse report, conducted under the auspices of FDIC Inspector General Robert D. Hoffman, claims that the FDIC's selection of outside counsel is not competitive, does not save money through its use of fee caps, and pays more expensive hourly rates rather than fixed fees. FDIC General Counsel Alfred J.T. Byrne said that governmental restrictions account for some of the practices the report criticizes.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1992
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Rose, Hubbell nondisclosure alleged: FDIC says firm, former partner should have revealed ties to failed thrift
Article Abstract:
The Federal Deposit Insurance Corp's inspector general concluded in a July 31 report that the Rose Law Firm and former partner Webster L Hubbell did not reveal conflicts of interest to the govt. A year earlier the FDIC legal division found no such conflict, but the new report cited information available since then as well as different conflict criteria. Hubbell and the firm represented Madison Guaranty Savings & Loan after the govt took over the failed thrift, though Hubbell's business partner was suing Madison.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1995
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