Marty Brimmage Quoted in Media on 5th Circuit Win for Akin Gump Client ASARCO
Several media outlets have reported on a decision in favor of Akin Gump client ASARCO LLC, a fully integrated miner, smelter and refiner of copper in the United States, by the U.S. Court of Appeals for the 5th Circuit. ASARCO had appealed a lower court ruling that granted a fee award to Barclays Capital in a case stemming from ASARCO’s bankruptcy, in which it was advised by Barclays.
Marty Brimmage, a partner in Akin Gump’s litigation practice, was quoted in the Wall Street Journal’s Bankruptcy Beat blog saying, “Barclays knew from the beginning that this was going to be a complicated Chapter 11 bankruptcy,” and, therefore, should not be entitled to any additional fees.
Additionally, Brimmage was quoted in a Law360 story on the ruling, which was also reported by The Deal.