Citizens for a Pro-Business Delaware Slams Ongoing Overbilling by Skadden Arps’ Robert Pincus in Citgo Case

WILMINGTON, Del.--(BUSINESS WIRE)--Today, following reporting of yet another approval of Attorney Robert Pincus’ unrestrained billing for his services, Citizens for Pro-Business Delaware slammed Pincus for habitual overbilling, burdening the companies whose interests he is meant to represent. In response to the Chancery Court’s approval to exceed the court’s $2 million fee cap in the Citgo sales process and allow Pincus to charge $3.1 million in his November status report, Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey released the following statement:

“Just a few short months ago, we spoke out against Robert Pincus’ egregious overbilling of yet another company under his supervision and whose interests he is legally bound to represent. And although we had hoped not to be, we are here again to stand up for those who have and continue to be wronged by a corrupt court system that allows money-hungry corporate attorneys like Pincus to fleece companies for millions in excess fees. Despite cries from all parties that Pincus burning through the $2 million budget at lightning speed and then requesting another $1.1 million on top is unfair, the con continues.

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Daniel Rosen