Bank Ordered to Pay $6 Million in Damages — and $10 Million in Attorney Fees

The folks over at Emigrant Savings Bank won't easily forget Kirkland & Ellis. On behalf of Metavante Corp., the firm won $6 million in damages against the bank last May, after a breach of contract bench trial before Milwaukee federal Judge J.P. Stadtmueller. That was bad, but here's a big, fat insult to add to that injury: Last Friday the judge ordered Emigrant to pay nearly $10 million in attorney fees and costs to Kirkland and a Wisconsin firm.