June 13, 2003 (Coplaw) ADAMS UPDATE 6/3/03
On June 3, 2003, the Court of
Federal Claims ruled on our Motion for Attorney Fees in the Adams
litigation. The Court awarded a total of $590,000 in attorney fees.
The Court also awarded two holdover plaintiffs damages. Eldon Hurst
was awarded $18,675 and Thomas McKenny was awarded $13,093. We have
an additional request for attorney fees pending which will increase
the above award by a modest amount of money. We are in the process
of having the above judgment paid.
As you may remember the attorney retainer agreement
stipulated that any award of attorney fees would be divided among
all successful plaintiffs with one third being retained by the law
firm. However I will not be able to distribute this award until
we know for certain how many clients were successful in the litigation.
We will not know until the Court of Appeal and the Supreme Court
have ruled on all issues. Upon receipt of the funds, I will deposit
them in a trust account for distribution the moment all litigation
ends.
We are still waiting for the Court of Appeal to set
a date for oral argument in the Adams case. I expect that oral argument
will take place in Washington D.C. in either August or September
of 2003.
Billings (Bates) Update, 6-13-03
In the Billings (Bates) case we are just about ready to file our
Writ in the Supreme Court. Because of the summer recess observed
by the Court, we will not have an answer on whether the case will
be accepted until October 2003. |