Lawmakers deny University of Louisville request to double legal spending - Chris Otts, WDRB

In a surprising move, state lawmakers threw a wrench into the University of Louisville's tentative plan to sue over some $100 million in losses sustained through mismanagement of the university's nonprofit foundation. Frustrated over ballooning fees for lawyers and auditors, the Kentucky General Assembly's contracts review committee denied U of L's request Monday to double its two-year budget for outside attorneys to $2.5 million. "We just felt it was going too far, and at some point we just needed to make a statement as to what was going on," said committee chairman Rep. Stan Lee, a Republican from Lexington. http://www.wdrb.com/story/36130996/lawmakers-deny-university-of-louisville-request-to-double-legal-spending