"trying to walk away from its contractual obligation to pay Ms. Javice's legal bills."
"highlighting a handful of attorney expenses (not incurred by Ms. Javice) over two years, the vast majority of which it already reviewed and paid or are not disputed,"
"Copious amounts of alcohol"
"a hotel bar and minibar."
Charlie Javice received a seven-year prison sentence for fraud tied to Frank, the financial aid startup she sold to JPMorgan for $175 million in 2021. A Delaware court ordered JPMorgan to advance her legal expenses, and the bank has paid roughly $60 million so far. JPMorgan is asking the court to refuse an additional $18 million, alleging excessive and improper charges for food, alcohol, minibar items, travel, and other costs. Javice's lawyers at Quinn Emanuel contend the bank is avoiding contractual obligations and say most expenses were reviewed or already paid. Javice's legal team has until January 5 to respond.
Read at Business Insider
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