Core Points - JPMorgan Chase & Co. is contesting a $115 million legal bill related to fraud committed by former associates Charlie Javice and Olivier Amar, who defrauded the bank of $175 million [1][3] - The legal representatives of Javice and Amar have billed JPMorgan approximately $60.1 million and $55.2 million respectively, contributing to the disputed total [2] - A Delaware court upheld a clause in JPMorgan's merger agreement with Frank, requiring the bank to cover the legal costs for the convicted founders despite their fraud convictions [3] Legal Context - JPMorgan is seeking to recover expenses as part of a $287.5 million restitution order, which includes other losses related to the merger [4] - The ongoing legal situation highlights the risks and liabilities financial institutions face when entering partnerships, emphasizing the need for thorough due diligence and legal safeguards [4]