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Contracts Keyed to Epstein
Laredo National Bank v. Gordon
Citation:
61 F.2d 906 (1932)Facts
Attorney Bernard Gordon brought an action against his client, Laredo National Bank, to recover $12,500 as a fee agreed upon in the settlement of a suit which the attorney had brought for the bank against Abraham and Aaron Rosenblum and their corporation. During the settlement action against the Rosenblums, Gordon wired that the bank that he felt confident his fee could be adjusted reasonably in light of the developments. The bank wired Gordon, stating that it must know immediately what will be the attorney’s fees in the event the bank accepts settlement. On July 3, 1930, the bank’s president wrote Gordon that the bank would pay a reasonable fee, but that the amount mentioned in his telegram – $12,5000 – was beyond reason.
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