Kellogg Huber Hansen Todd Evans & Figel and Korein Tillery together earned more than $1 billion for helping the National Credit Union Administration pursue many of the world’s largest banks over their roles in the subprime mortgage meltdown, the NCUA said Thursday.
The NCUA finally released the figures on Thursday, breaking down the fees and expenses billed by both firms in a litigation campaign that ultimately won the agency more than $4 billion in recoveries. In all, the NCUA paid $506.3 million to Kellogg Huber and nearly $504.8 million to Korein Tillery for acting as the agency’s outside lawyers in cases stemming from the financial crisis.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
