Award Was 25% Of Settlement Fund, Cross-Checked By Lodestar Totaling Ultimate Award. In re Google Referrer Header Privacy Litig., No. 15-15858 (9th Cir. Aug. 22, 2017) (published) is a case involving approval of a class action settlement involving a cy-press only settlement with respect to Internet privacy claims. There was a $8.5 million settlement
Nixes A 1.75 Positive Multiplier Based On Complexity And Class “Return. Just to show you that class action fee awards are coming under increased appellate scrutiny, Circuit Judge Posner’s decision in In re Sears, Roebuck and Co. Front-Loading Washer Products Liability Litig., No. 16-3554 (7th Cir. Aug. 14, 2017) (published) on behalf of a
Nixes A 1.75 Positive Multiplier Based On Complexity And Class “Return. Just to show you that class action fee awards are coming under increased appellate scrutiny, Circuit Judge Posner’s decision in In re Sears, Roebuck and Co. Front-Loading Washer Products Liability Litig., No. 16-3554 (7th Cir. Aug. 14, 2017) (published) on behalf of a
Three Federal Judges Opted To Use Lodestar Method In Recent Cases. National Association of Legal Fee Analysis (NALFA) recently summarized a recent Reuters article suggesting that some federal judges in the Northern District of California have opted to use the lodestar approach to awarding fees, versus the percentage of recovery method, in mega-class actions with
Eighth Circuit Court Of Appeals Gives Us Some Hints—Contractual Fee Recovery First, And Then Equitable Consideration Of Common Fund Recovery. Although outside of California, we do report on nationwide decisions which may have some impact on attorney’s fees in different substantive areas of the law. McKeage v. TMBC, LLC, 847 F.3d 992 (8th
VW Plant, Wolfsburg, Germany. En.wikipedia. User: HighContrast. Creative Commons licnese. According to Law360, a California federal judge recently approved $167 million in fees and $8 million in costs to class counsel in the Volkswagen emissions class action, relating to the part of the case which involved 2.0 liter VW diesel cars. Stay tuned,
$75 Million Was The Tentative Class Counsel Fee Recovery, But $4 Million In Suspect Lodestar Billings Raised A Flag For Further Review. In Arkansas Teacher Retirement System v. State Street Bank and Trust Co., Case No. 11-cv-10230-MLW (D. Mass. Feb. 6, 2017) (Doc. #117) (Memorandum and Order), a Massachusetts federal district judge issued
Rule Came Down On January 23, 2017. U.S. District Judge Susan Illston, in Gbarabe v. Chevron Corp. (a class action relating to a gas explosion off the coast of Nigeria), ordered plaintiff to produce a funding agreement in the class action in a late 2016 order in response to a motion by Chevron.
$5 Million Fee Request Snubbed At Both Trial And Appellate Levels. Credit/Debit Card Tying Cases, Case No. A145891 (1st Dist., Div. 4 Jan. 12, 2017) (unpublished) concerned an objector’s challenge to an award of fees and costs to class counsel in a main action, although objector was involved in a separate, more peripheral
Judge Believed Charging Standard Rates For Contract Attorneys Was Not Right. Class counsel in the Bank of America class action litigation was dealing with an investor lawsuit where $51.6 million in fees were being sought in a case producing a $335 million settlement. Class counsel had 42 lawyers working on the case, including
