A state appeals court on Wednesday ordered further review of more than $166,000 in receivership fees awarded to New Jersey firm Greenbaum, Rowe, Smith & Davis, issuing an “admonition [that] has been repeated time and again” to trial courts that don’t put reasons for their rulings on the record.

The two-judge Appellate Division panel said a remand was necessary to determine whether the award, based on a $300 hourly rate, was reasonable, because two lower court judges did not fully explain their reasoning.

This content has been archived.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

Why am I seeing this?

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]