Tchenguiz Funds Say Attys In Fee Row Agreed To Defer Pay
Law360, London (April 2, 2019, 8:30 PM BST) -- Two funds linked to property tycoon Robert Tchenguiz have denied accusations that lawyers at Stephenson Harwood LLP weren't paid for work connected to the real estate mogul's high-profile court battles, telling a London court that the law firm ditched a repayment agreement.
Attorneys from Fort Trustees Ltd. and Balchan Management Ltd. alleged the law firm, which is suing the funds for approximately £5.68 million ($7.4 million) in unpaid legal fees, had agreed to defer its outstanding bills until after its work was completed, according to documents filed with the High Court on March 25.
The funds, which worked as trustees for Tchenguiz, said Stephenson...
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