Montgomery McCracken Walker & Rhoads will have to accept even less than what it claims it bargained for when it agreed to a fee reduction in a bankruptcy case, thanks to a federal judge’s ruling.
The firm had argued that when it entered into a stipulation with a bankruptcy client to reduce its claims for attorney fees and costs from $2.6 million to $2.3 million, it did not intend for that amount to include payments it had already received up to that point.
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