Interclaim Holdings Ltd. v. Ness, Motley, Loadholt, Richardson & Poole

MEMORANDUM OPINION AND ORDER

PALLMEYER, District Judge.

Interclaim Holdings Limited and Inter-claim Recovery Limited (“Interclaim”) is in the business of identifying, tracing, and freezing assets that have been laundered by financial criminals, and then getting those assets liquidated and distributed as restitution to the criminals’ victims and as compensation to Interclaim. In this case, Interclaim retained the law firm of Ness, Motley, Loadholt, Richardson & Poole (“Ness Motley”) to bring class action proceedings on behalf of victims of a complex criminal network run by James Blair Down…