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Recent Trends in Excessive Fee Litigation
Baker Botts
Apr. 5, 2024 "In evaluating the plausibility of excessive fee claims, courts have held plaintiffs to pleading standards focused on [1] the requisite specificity of alleged excessive fees; [2] whether comparisons used of such fees are appropriate 'apples-to-apples' comparisons; and [3] whether fees are truly excessive compared to the services rendered. In addition, lack of standing remains an important ground for potential dismissal." |
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