US$50m legal fees sought in basketball case

A group of 32 law firms which acted for UCLA amateur basketball player Ed O'Bannon is seeking US50m relating to the three-week hearing this summer.

Brocreative

They had been preparing for five years for the case in which a judge held that restrictions on amateur college players earnings from TV and video games were a violation of the anti-trust laws. The group is led by Washington DC-based Michael Hausfeld of international litigation specialist Hausfeld LLP. 

Complexities

The Hausfeld firm had itself spent 27,335 hours on the case, valued at $15.6m. The firm wrote in a filing to the judge: ‘The complexities of, and risks associated with, this litigation defy comparison to most other contingent antitrust matters in recent history.’ It had dealt with 10 motions to dismiss the case and 76 depositions. Source: CBS Sports

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