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Corporations Keyed to O’Kelley
Haymond v. Lundy
Citation:
2002 WL 1972101 (2002)Facts
The Philadelphia law firm of Haymond & Lundy LLP (H & L) was formed on October 13, 1997 and dissolved on October 8, 1999. There were three founding partners: John Haymond, Marvin Lundy and Robert Hochberg. After the dissolution of the firm, the parties were unable to reach agreement on their relative rights and responsibilities with respect to a number of matters, including a referral fee agreed to and paid by Lundy on behalf of the firm. Haymond objects to the court-appointed receiver’s proposed treatment of a $150,000 partnership expense, paid in the form of a referral fee to F. Emmett Fitzpatrick. on February, 1997, John Kelly was hurt in an accident and retained Fitzpatrick’s firm to represent him in a personal injury action. Fitzpatrick did what was necessary to file a complaint. On May, 1998, Kelly told Fitzpatrick that he wanted to retain Lundy, through H & L, instead of Fitzpatrick. Lundy promised Fitzpatrick reimbursement for his costs and offered to pay a referral fee if Lundy were successful. The Kelly case settled for $2,468,750. The referral fee claimed by Fitzpatrick was $996,500. Lundy agreed to pay him $150,000.
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