- 61 - -7.9 hours; (5) excessive preliminary research regarding section 7430 and attorney’s fees issues--42.6 hours (85.2 X 50% = 42.6); and (6) time devoted to unsuccessful fee request claims--123.7 hours (119.2 hours of Binder’s time and 4.5 hours of Irvine’s time). The end result is a 327-hour reduction in the $150 time (117 + 7.8 + 28 + 7.9 + 42.6 + 123.7 = 327), leaving 1,356.85 hours of $150 time. The resulting amount is $205,631.50, determined as follows: [(1,356.85 X 150) + (1 X $140) + (0.7 X $130) + (1.4 X $120) + (2 X $105) + (1 X $100) + (15.5 X $90] = ($203,527.50 + $140 + $91 + $168 + $210 + $100 + $1,395) = $205,631.50. c. 2006 Taking into account the $160 rate cap in effect for 2006, the PH petitioners claim 67.9 hours at $160 per hour and 2.5 hours at $140 per hour.52 The resulting amount is $11,214, determined as follows: [(67.9 X $160) + (2.5 X $140)] = ($10,864 + $350) = $11,214. d. Total The total amount of potentially compensable fees with respect to the PH petitioners’ fee request is $230,167.75 52 In their final submission of fees and expenses, the PH petitioners seek to recover an additional $4,865 that Porter & Hedges estimates it will incur in pursuing the fee request “until this Court rules on this motion”. We are not aware of any authority supporting such a request, nor do we see the need for such additional fees and expenses under the circumstances.Page: Previous 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 Next
Last modified: May 25, 2011