NEW: McKee Launches Online Petition for Investigation into 38 Studios
GoLocalProv Politics Team
NEW: McKee Launches Online Petition for Investigation into 38 Studios
The online petition is entitled “Get the Truth on 38 Studios” and is asking for 50 signatures.
“The citizens of Rhode Island are outraged that this loan was secretly engineered by unregistered lobbyists” stated McKee. “This online petition will allow Rhode Islanders to deliver a message to our elected officials that nothing less than a third-party, objective investigation by an independent counsel is the only way we ever learn the details of this catastrophic loan...a bad loan that will cost taxpayers more
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTThe petition can be found at http://petitions.moveon.org/sign/findthetruthon38studios.
38 Studios Legal Fees
Cohen & Gresser, New York, NY
Billing rates:
Partners: $650-$750/hour
Counsel: $550-$650/hour
Associates: $300-$595/hour
Paralegal: $100-$225/hour
Cohen & Gresser's Fees:
Total Fees (2013): $102,615.20
Shechtman Halperin Savage, Providence, RI
Billing rates:
Attorneys: $250/hour
Paralegals: $100/hour
Legal Assistants: $50/hour
Shechtman Halperin Savage's Fees
2012: $407,899.60
2013: $156,348.37
2014: $19,799.00
Total Fees: $584,046.97
Wistow & Barylick, Providence, RI
Billing rates:
Attorneys: $175/hour, $225/hour & $250/hour
Contingency Fee: The RI Commerce Corporation agreed to pay Wistow & Barylick 16 2/3% of the gross of any amount recovered from a lawsuit, compromise, settlement or otherwise. This is not stipulated with the other law firms.
Note: Wistow & Barylick will only be paid at these rates if the state terminates its contract with the firm.
Wistow & Barylick's Fees:
2012: $18.121.05
2013: $90,630.15
2014: $48,054.17
Total Fees: $156,805.37
Note: The above amounts paid to Wistow & Barylick cover the cost of out-of-pocket expenses such as filing fees, costs of depositions, obtaining records, charges for computer-assisted legal research, costs of expert consultants, and the costs of witnesses.
