Tuesday, June 28, 2016

Legal Fees Are Skyrocketing

On April 13, 2016 I posted on this blog that the legal fees at that time were $3,316.50 in the matter of Qrivit vs City of Shawnee http://shawneeray.blogspot.com/2016/04/the-legal-fees-are-starting.html

This is as a result of the failed apartment complex project known as Vantage at Shawnee.

In that post I predicted that the legal fees would be $75,000 to $100,000 before it's all over.

I think now that might have been a low estimate.  As of today the fees have climbed to $60,806.14

I'll come up with a new guess.  I'm guessing now that the legal fees will go to $125-$150K before this matter is settled.  If we lose, will we have to pay the other side's fees?  If they lose will they have to reimburse us?