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Namenda Buyers’ Attys Seek $212M From Allergan Deal

by scceu0525

Law360 (March 13, 2020, 8:57 PM EDT) — The legal team that steered drug wholesalers to a record-breaking $750 million deal with Allergan PLC over claims its subsidiary thwarted generic competition has requested a $212 million cut of the pot to cover its fees and expenses.

Attorneys from Garwin Gerstein & Fisher LLP, Berger Montague PC and other firms asked a New York federal court for the payout on Friday citing four and a half years of “aggressively” prosecuting “this uniquely complicated antitrust case” that settled on the eve of trial.

The eye-popping deal — one of the largest ever from a single drugmaker in an antitrust case —…

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