Delaware Judge Orders JPMorgan to Continue Paying Charlie Javice's $74 Million Legal Fees
By
Bob Van Voris, Jef Feeley
Summary
A Delaware magistrate ruled that JPMorgan Chase must continue paying Charlie Javice's legal fees, rejecting the bank's claim that her $74 million in legal expenses were clearly excessive. The judge ordered payment with interest, including rejecting challenges to about $10 million in specific fees and expenses such as $64 for gummy bears. The ruling enforces a previous court order requiring JPMorgan to cover Javice's defense costs in the ongoing legal dispute.
Source
Key quotes
· 3 pulledJPMorgan has not put forward sufficient evidence to avoid advancing payment for Javice and her c
A Delaware judge said JPMorgan Chase & Co. failed to show that Charlie Javice's $74 million in legal fees were clearly excessive
Reading his ruling from the bench, Wright rejected challenges to about $10 million in fees and expenses, including $64 for gummy bears
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