Franklin P. and Nona Coady - Page 3

                                        - 3 -                                         

               telefax transmissions, photocopies, deposition charges,                
               witness fees, computer research fees, appraiser's fees,                
               travel expenses for attorneys or witnesses, expert                     
               consultation charges, cost of the investigation.                       
                    Attorney time will be compensated on the basis of the             
               following contingent fee schedule:                                     
                    33-1/3% if recovery is arrived at without appeal of any           
               judgment.                                                              
                    45% in the event that any judgment is appealed and                
               representation continues after a notice of appeal is filed.            
               On or about April 13, 1991, HPC, on behalf of Ms. Coady,               
          filed suit against AHFC and certain individuals in the Superior             
          Court for the State of Alaska, alleging damages arising from a              
          wrongful termination of Ms. Coady's employment.  Following a non-           
          jury trial, the court held AHFC, but not the individuals, liable            
          for Ms. Coady's wrongful termination and awarded her the                    
          following damages:                                                          
               Lost past earnings                 $89,225                             
               Lost future earnings                    76,980                         
               Lost fringes and lost pension           207,102                        
               Total                                   373,307                        
               AHFC paid Ms. Coady the awarded damages on November 7, 1994,           
          issuing her a check for $259,611 and withholding $113,696 for               
          Federal and State taxes.  In the same year, Ms. Coady paid HPC              
          legal fees and litigation costs totaling $221,338; of this                  
          amount, $124,436 represented HPC's contingent fee (33-1/3% x                
          $373,307) and $96,903 represented litigation costs.  AHFC issued            
          Ms. Coady a 1994 Form W-2, Wage and Tax Statement, reporting that           






Page:  Previous  1  2  3  4  5  6  7  8  9  Next

Last modified: May 25, 2011