Tuesday, July 10, 2012

Gaze at the Alleged Financing of Jeremy Alters' Firm!


 According to this blockbuster charging lien filed by Scott Schlesinger in the Checking Overdraft litigation, Scott has pumped more than $2 million dollars into Alters' firm, allegedly in exchange for a sizable piece of his high-profile cases:
Since May 10, 2012, Schlesinger has provided financial support in the amount of $2,140,355.00 for the benefit of the Alters Law Firm, P.A.
Yowza!

I also like this personal guarantee allegedly signed by Bruce Rogow:
Bruce Rogow hereby acknowledges that he has read this Agreement. In his role as special counsel to the Alters Law Firm and lead counsel in the Bank Overdraft Multidistrict Litigation case, Bruce Rogow will not take any action which would violate the spirit of this Agreement and he will support the application of the Alters Law Firm to the common benefit fund in the Bank Overdraft Multidistrict Litigation case for the fee division as contemplated herein [emphasis added].
This promises to be very interesting if these boys can't work this out themselves.

7 comments:

  1. That's alot of jack but he is probably playing with daddy's money anyway.

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  2. Pretty sure that this agreement violates fee sharing rules.

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  3. He is a factor, financing the firm and using the future settlements as collateral. This has nothing to do with fee sharing.

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  4. This stinks to high heaven.

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  5. with the amount of fees they're going to get from all of the cases, 2 million is chump change.

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  6. Nice to see Julie Kaye not mention your blog.

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