Fee

Continental Resources Sues Hess for Up to $69 Million Over Alleged Fee Mismanagement in Williston Basin Operations

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HOUSTON — Continental Resources has filed a lawsuit against Hess Corp., alleging fraudulent activity amounting to as much as $69 million, according to court documents. The legal action, lodged in federal court, claims Hess inflated midstream service fees through transactions involving its subsidiaries, impacting Continental’s revenues from oil and gas production wells. The lawsuit highlights Hess’s operations in the Williston Basin, North Dakota, where it manages approximately 483 wells. Continental Resources, based in Oklahoma, asserts that the excessive fees imposed by Hess Midstream Partners substantially reduced net revenues from hydrocarbons. The company contends that Hess … Read more

Supreme Court Reverses Decision, Empowers Cornell University Employees to Challenge Fee Practices

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WASHINGTON — The U.S. Supreme Court recently overturned a lower court’s decision regarding a lawsuit brought by employees of Cornell University. These employees contend that the university’s retirement plan involved paying excessively high recordkeeping fees. This pivotal ruling allows the plaintiffs to proceed with their claims, potentially setting a significant precedent in employee retirement plan litigation. In a unanimous decision, the justices clarified a crucial aspect of the Employee Retirement Income Security Act (ERISA), asserting that plaintiffs are not required to demonstrate that exceptions to ERISA’s rules on prohibited transactions are inapplicable in their cases. … Read more

Judge Upholds Decision Against Rebekah Vardy in Legal Fee Dispute with Coleen Rooney

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London, UK — A legal dispute characterized by intense public scrutiny and social media intrigue, often referred to as the “Wagatha Christie” case, saw Coleen Rooney defend her legal expenses as a High Court judge dismissed allegations of misconduct by her legal team against Rebekah Vardy. The ruling follows a libel lawsuit in which Vardy, the plaintiff, accused Rooney of defamation, only to lose the case last year. The legal battle ignited from a 2019 incident where Rooney accused Vardy, or someone using her Instagram account, of leaking private stories to the media, a claim … Read more

Federal Judge Upholds Arbitration Decision on Fee Division Between Dissolved Firm’s Ex-Owners

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Philadelphia, Pennsylvania – A federal judge in Pennsylvania has ruled that he will not overturn or amend the decision of an arbitration panel concerning the division of fees related to two legal cases among three key former owners of a now-dissolved law firm. The judgment comes after extensive deliberations on how to distribute the remaining assets and liabilities of the firm among its principal stakeholders. The legal intricacy of the case highlights the often-complicated relationships and agreements that exist within professional partnerships, particularly in the realm of law. Issues regarding the allocation of fees can … Read more