Cases: Common Fund

Common Fund, Equity, Section 998: Winning Plaintiffs Not Entitled To Reduction From Settlements For Fees Incurred In Reaching Settlements Under Common Fund Theory

Cases: Common Fund, Cases: Equity, Cases: Section 998

  Setoff Language Of CCP § 877 Also Supported Result.     Tuttle v. Ukiah Adventist Hospital, Case No. A144759 (1st Dist., Div. 1 May 31, 2016) (unpublished) was an uncontested slip-and-fall case from a liability perspective, with plaintiffs obtaining several pre-trial settlements but eventually winning a jury verdict as to one non-settling defendant, with set-off […]

In The News . . . . Class Counsel Garners $74 Million Fees/Costs In JP Morgan Chase Mortgage-Backed Securities Settlement And Eleventh Circuit Decision Holds Percentage-Of-Fund Analysis Applies To Claims-Made Class Action Settlement Regardless Of Actual P

Cases: Class Actions, Cases: Common Fund, In The News

  Class Counsel Asked For $100.8 Million In Fees/Expenses But Were Awarded “Only” $74 Million.     On December 4, 2015, a New York federal district judge awarded class counsel in the JP Morgan Chase mortgage-backed securities class action about $74 million in fees and costs based on a $388 million settlement.  This was less than

Class Action, Common Fund, and Lodestar: Court Of Appeal Affirms Judgment Awarding Plaintiffs’ Attorneys 37.5 Percent Of Settlement Fund

Cases: Class Actions, Cases: Common Fund, Cases: Lodestar

  High Percentage Of Common Fund That Is Much Lower Than Lodestar Is Reasonable Way To Calculate Fee Award In Class Action.      A fee award to plaintiffs’ attorneys of 37.5% of the settlement fund may seem generous.  Indeed, it seemed too generous to objectors in Roos v. Honeywell International and Rogers, A142156 (1/1 Nov.

Common Fund/In The News . . . . District Judge Had Jurisdiction To Enforce Contract Between California Firm And Plaintiffs’ Steering Committee In MDL Phases

Cases: Common Fund, In The News

  7% Payment For Use Of Steering Committee’s Work Product Was Proper, Covering Both California State Cases And Other Federal Cases.      In re Avandia Marketing, Sales Practices & Product Liab. Litig., No. 14-2980 (3d Cir. July 2, 2015) (not precedential) involved a dispute between California firm Girardi Keese (GK) and an MDL Plaintiffs’ Steering

Common Fund/Probate: Former Trustee Obtaining Appointment Of Neutral Corporate Trustee And Distributions Of Benefits To Younger Generation Beneficiaries Were Entitled To Recovery Of $260,948.34 From Trust Under Common Fund Theory

Cases: Common Fund, Cases: Probate

  Actions Resulted in Younger Generations Getting $1 Million in Distributions Where Prior Distributions Only Went To Senior Generation Beneficiaries.      Neither the lower nor appellate courts in Gaynor v. Bulen, Case No. D064872 (4th Dist., Div. 1 Nov. 20, 2014) (unpublished) had much trouble with awarding certain former trustees of a trust attorney’s fees

Common Fund/Deadlines/Probate: Trust Beneficiaries Seeking Fees Under Common Fund Doctrine Should Have Been Allowed Something

Cases: Common Fund, Cases: Deadlines, Cases: Probate

CRC Rules on Filing Fee Motions Did Not Govern Probate Proceedings. ​The overall, convoluted probate dispute in Sheen v. Sheen, Case No. B243847 (2d Dist., Div. 8 July 1, 2014) (unpublished)—although colorful—does not involve extended discussion on the facts, although the appellate court did reverse lower court failures to award attorney’s fees to beneficiaries given

Class Action/Common Fund: Reasoning By N.D. California District Judge Might Aid State Court Practitioners Arguing Percentage Of Fund, Rather Than Lodestar, Should Be The Approach In Common Fund Cases Even At The State Level

Cases: Class Actions, Cases: Common Fund

  Around $13.25 Million, 25% Of $53 Million Settlement Fund (After Deducting Class Action Administration Expenses), Is Awarded To Class Counsel.      Generally, California uses the lodestar as the fee-setting approach in the class action context, “cross-checked” by the percentage of recovery approach. However, reasoning by U.S. District Judge Richard Seeborg in his fee award

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