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Business Entities Keyed to Chiappinelli
Barrett v. Jones, Funderburg, Sessums, Peterson & Lee, LLC
Citation:
27 So.3d 363 (Miss. 2010)Facts
On March 28, 2007, the Jones Firm filed a complaint, alleging that the parties had executed the SKG joint venture agreement in November 2005. In the complaint, the Jones Firm alleged that SKG’s settlement with State Farm Insurance Company had yielded $26,500,000 in attorneys’ fees. The Jones Firm claimed that, despite its performance of the bulk of SKG’s most difficult discovery and trial work, Richard Scruggs and Don Barrett had conspired to set the Jones Firm’s fee allocation at one million dollars, an unacceptably low percentage. Further, upon its refusal of the unfair fee allocation, the other four members of SKG voted to remove it from the joint venture and tendered a check for three percent of the net fees, which the Jones Firm refused. Based upon this conduct, the Jones Firm asserted claims against the co-venturers, and Richard Scruggs and Don Barrett for breach of contract, tortious bad-faith breach of contract, breach of fiduciary duties to name a few.
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