Jay Peak Resort Owner Gets Fraction Of Attys’ Fee Request

Law360, Miami (October 20, 2016, 9:30 PM EDT) — A Florida federal judge on Thursday approved a fraction of the attorneys’ fees Jay Peak ski resort owner Ariel Quiros requested in his contentious fight over unfreezing assets to pay for his defense in the U.S. Securities and Exchange Commission’s $350 million EB-5 visa suit.

U.S. District Judge Darrin P. Gayles said he would approve the disbursement of $80,000 from Quiros’ frozen assets to pay for his attorneys, a fraction of the almost $560,000 he had requested to defend himself in lawsuits filed since April, including…

Source: Law360