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Date: Oct 11, 2004
Source: Orlando Business Journal
Submitted By: backstreet.net
Pearlman ordered to pay $15 million to lawyers
An Orange County Circuit Court judge has ordered boy band guru Lou Pearlman of Trans Continental Records Inc. to pay $15 million to the lawyers who successfully represented him in litigation against music groups 'N Sync and The Backstreet Boys. Judge Frederick Pfeiffer ordered that Orlando attorneys Cheney Mason and William B. Pringle be paid for their work in representing Pearlman against the two bands he founded.
The attorneys argued that they and Pearlman had agreed to contingency fees based upon the attorneys' results in a settlement with the two bands. In issuing his ruling, Pfeiffer said Pearlman had the expertise to understand the agreement with his legal team.
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