Court approves $3m. fee for Holocaust survivors' lawyer

After years of wrangling over legal fees, a federal judge has approved $3.1 million in legal fees to a law professor for his work distributing a $1.25 billion settlement to Holocaust survivors. Burt Neuborne, a professor at New York University Law School, and other attorneys sued Credit Suisse, UBS AG and other Swiss banks in the 1990s on behalf of the survivors, accusing them of looting millions of dollars of Jewish assets. The lawyers worked for free.