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Drugstore Chain Denies Owing Kasowitz $7 Million ‘Success Fee’

March 19th, 2010

Duane Reade Holdings has denied owing Kasowitz Benson the $7 million “success fee” the firm claims it is owed in a suit filed last month. The law firm said its former client refused to pay it part of a more than $39.5 million settlement in a contract dispute between the drugstore chain and ATM operator Cardtronics. In an answer filed in New York court, Duane Reade countered that Kasowitz had no valid and enforceable agreement for the fee, was not involved in the final stages of the litigation and had already been paid.

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Drugstore Chain Denies Owing Kasowitz $7 Million ‘Success Fee’

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