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JPMorgan Loses Battle Over Charlie Javice’s Legal Expenses

JPMorgan Loses Battle Over Charlie Javice’s Legal Expenses
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JPMorgan Loses Battle Over Charlie Javice’s Legal Expenses A Delaware judge said JPMorgan Chase & Co. failed to show that Charlie Javice‘s $74 million in legal fees were clearly excessive, ruling the bank must continue to pay her bills. Magistrate Christian Wright on Thursday said the bank wrongly refused payment in violation of a previous court order requiring it to cover her defense costs, ordering payment with interest. Reading his ruling from the bench, Wright rejected challenges to...

JPMorgan Loses Battle Over Charlie Javice’s Legal Expenses A Delaware judge said JPMorgan Chase & Co. failed to show that Charlie Javice‘s $74 million in legal fees were clearly excessive, ruling the bank must continue to pay her bills. Magistrate Christian Wright on Thursday said the bank wrongly refused payment in violation of a previous court order requiring it to cover her defense costs, ordering payment with interest. Reading his ruling from the bench, Wright rejected challenges to about $10 million in fees and expenses, including $64 for gummy bears.
JPMorgan (ORG) Charlie Javice’s (PERSON) Delaware (LOCATION) JPMorgan Chase & Co. (ORG) Charlie Javice‘s (PERSON) Christian Wright (PERSON) Wright (PERSON)
Originally published by Bloomberg Markets Read original →