A signal from the Federal Circuit that it will overturn a $185 million legal fee award highlights a long-running dispute in the judiciary over the best way to pay lawyers for winning contingency fee settlements.
Quinn Emanuel Urquhart & Sullivan won the nine-figure fee for representing 153 health plans that were awarded $3.7 billion in an Obamacare lawsuit against the federal government. Quinn Emanuel was the first firm to sue the US for not fulfilling an obligation that insurers be paid about $12 billion under an Affordable Care Act program geared toward covering sicker, uninsured people.
The case pits the ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.