TMR Bayhead Securities v. Aegis Texas Venture Fund II

Order, Supreme Court, New York County (Eileen Bransten, J.), entered May 30, 2012, which, inter alia, granted plaintiffs TMR Bayhead Securities LLC and Todd Roberts’s motion to compel defendants (fund entities) to reimburse and advance legal fees and costs incurred on behalf of Roberts in defending against a suit commenced by, inter alia, the fund entities, unanimously affirmed, with costs.

The motion court properly granted Roberts’ request for advancement of fees. Contrary to the fund entities’ contentions, the requested fees were not excessive or unreasonable, and Roberts’s counsel submitted…