Leasing News: New Jersey Appeals Court Vacates $1.5 Million Attorneys' Fees Award in Equipment Leasing Dispute
July 17, 2017
Frank Peretore, Robert Hornby and Mindy Fox co-authored a Leasing News article titled "New Jersey Appeals Court Vacates $1.5 Million Attorneys’ Fees Award in Equipment Leasing Dispute." The article specifies that on June 23, 2017, the New Jersey Appellate Division in Tangible Secured Funding, Inc. v. Imaging Ctr. of Oradell, LLC, No. A-2284-14T1, 2017 WL 2705437 (N.J. Super. Ct. App. Div. June 23, 2017) vacated $1.5 million in attorneys’ fees on the grounds that (1) part of the fees were incurred by out-of-state attorneys not admitted pro hac vice in New Jersey and (2) they improperly included post-judgment attorneys’ fees, which was not expressly provided for in the underlying agreement.
To read the full article, please visit the Leasing News website.