Recent filings show at least part of the cost of the long-running dispute between former Foundry partners Yfat Reiss Gendell and Peter McGuigan: Following a court order that Foundry “advance attorneys’ fees and expenses to Gendell” to defend against the suit brought by McGuigan and Foundry, Gendell’s attorneys at Sher Tremonte submitted bills for “$157,181.49 in fees and expenses through our firm in connection with the defense of this action.” They contend “we have been conservative in identifying the fees for which we are seeking advancement,” omitting “work associated with defendants’ counterclaims [and] their opposition to plaintiffs’ motion to dismiss.” […]
