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Berwyn Capital Investments, Inc. v. Shore Venture Group, LLC

United States District Court, E.D. Pennsylvania
Jul 18, 2006
Civil Action No. 01-cv-00691-JF (E.D. Pa. Jul. 18, 2006)

Opinion

Civil Action No. 01-cv-00691-JF.

July 18, 2006


MEMORANDUM AND ORDER


Plaintiff, Berwyn Capital Investments, Inc., has filed a motion for an award of counsel fees and expenses against the defendant Shore Venture Group, LLC. The motion will be denied, for several reasons.

Plaintiff concedes that Fed.R.Civ.P. 54(d)(2)(B) contemplates that motions for attorney's fees be filed within 14 days after entry of judgment, and that the deadline in this case was May 15, 2006. While it is probable that this court would have discretion to grant even an untimely motion for counsel fees, the circumstances of this case do not warrant such an exercise of discretion. In seeking an award totaling $58,358.29, plaintiff is attempting to obtain reimbursement of fees expended in pursuit of its claims against the Bitwise defendants, rather than the much more modest amount which might reasonably be attributed to the pursuit of its claims against Shore Venture. Shore Venture's only breach of the agreement related to its failure to cause Bitwise to issue half of the first tranche of warrants in plaintiff's name — a failure which, ultimately, was the fault of Bitwise. Moreover, the (turgid) language of the letter agreement between plaintiff and Shore Venture authorizes an award of attorneys' fees only if Shore Venture failed to pay over compensation actually received; it is far from clear that the circumstances of this case satisfied that definition. In any event, Shore Venture had no obligation to pay attorneys' fees plaintiff incurred in pursuit of Bitwise, or in handling fee disputes with plaintiff's former counsel.

The motion for counsel fees will therefore be denied, as untimely. An Order follows.

ORDER

AND NOW, this 18th day of July 2006, upon consideration of plaintiff's motion for counsel fees and expenses, and the response to that motion, IT IS ORDERED:

That plaintiff's motion is DENIED.


Summaries of

Berwyn Capital Investments, Inc. v. Shore Venture Group, LLC

United States District Court, E.D. Pennsylvania
Jul 18, 2006
Civil Action No. 01-cv-00691-JF (E.D. Pa. Jul. 18, 2006)
Case details for

Berwyn Capital Investments, Inc. v. Shore Venture Group, LLC

Case Details

Full title:BERWYN CAPITAL INVESTMENTS, INC. v. SHORE VENTURE GROUP, LLC…

Court:United States District Court, E.D. Pennsylvania

Date published: Jul 18, 2006

Citations

Civil Action No. 01-cv-00691-JF (E.D. Pa. Jul. 18, 2006)