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Firm Entitled to Arbitrate Fee Dispute With ConnectU

New York Law Journal A New York judge has ruled that Quinn Emanuel is entitled to arbitration of its claim for $13 million in unpaid legal fees from social networking company ConnectU, which the law firm represented in a high-profile trade secrets suit against rival Facebook. The settlement terms were confidential, but whatever the amount, the ConnectU founders quickly expressed unhappiness with it and fired the firm. The judge ruled the arbitration provision of the retainer agreement was "enforceable and valid on its face."

Full post as published by The Trade Secrets Vault on September 28, 2008 (boomark / email).