Court Confirms $54M Award Against Japanese Mogul In Favor Of Former Law Firm

Mealey's (March 16, 2021, 1:37 PM EDT) -- CHICAGO — An Illinois federal judge on March 12 confirmed a $54 million arbitral award in favor of a Chicago-based law firm and against a Japanese businessman who retained the firm for litigation in Nevada but refused to pay a contractually obligated $50 million contingency fee after the litigation was settled four months later....