Litigation
Apr. 24, 2012
$612 million reversal for Manatt clients also hits the firm
The recent erasure of a nine-figure trial court judgment against The Boeing Co. was more than just a stinging defeat for the plaintiff in the case - the ruling is sure to hit Manatt, Phelps & Phillips partners in their pocketbooks.
Daily Journal Staff Writer
LOS ANGELES - The recent erasure of a nine-figure trial court judgment against The Boeing Co. was more than just a stinging defeat for the plaintiff in the case - the ruling is sure to hit Manatt, Phelps & Phillips LLP partners in their pocketbooks, as well.
The firm took the long-running case on a contingency fee basis, sources with knowledge of the arrangement said.
Manatt's manag...
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