Grant & Eisenhofer attorney Michael Barry argued before an Appellate Division, First Department panel last week that he and his colleagues who represented investors in a suit against Goldman Sachs over executive bonuses are entitled to fees, even though the investors quickly dropped their suit.
Barry urged the panel, which consisted of Justices Richard Andrias (See Profile), David Friedman (See Profile), Rolando Acosta (See Profile), Helen Freedman (See Profile) and Darcel Clark (See Profile), to overturn a 2011 ruling by Manhattan Supreme Court Justice Bernard Fried (See Profile), who ruled that the attorneys should not be awarded fees because the plaintiffs lacked standing to bring their suit in the first place.
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