Seagal, Lawyers No Longer Under Seige
Wed., Jul. 2, 2008 9:09 AM PDT by Josh Grossberg
George Pimentel/WireImage.com
Steven Seagal may be above the law, but he's not above settling some outstanding legal issues.
The erstwhile action hero has reached a settement with his former law firm, ending dueling lawsuits over the legal tab incurred by Seagal when he was called to testify as a witness before a grand jury a few years ago.
Seagal, 57, sued Loeb & Loeb last July, alleging he was overcharged by at least $450,000 by the lawyers representing him in a federal grand jury probe into claims that his former producing partner, Julius Nasso, tried to exort money from Seagal after the two severed business ties.
Loeb & Loeb countersued, seeking $575,400 in repayments for services it said it rendered in the case.
No word how much cash will be exchanged, but according to a document filed by the firm notifying the court of the resolution, both sides are required to fulfill the terms of the settlement by Dec. 15.
Neither side has responded to calls seeking comment.
Seagal has been clearing up his legal docket of late. Earlier this year, he settled a separate lawsuit with Nasso over their scuttled partnership.
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