In The News

In The News . . . . Delaware Chancellor Approved $72 Million Fee Award To Lead Counsel In Class/Derivative Settlement, E.D.N.Y. Magistrate Judge Slashes FLSA Fee Request By About 80%, And Bloggers Discuss Fee Trends In MDL Cases

In The News

  Activision Settlement Nets Lead Counsel 22.7-24.5% Of Common Benefit Fee Percentage.      In In re Activision Blizzard, Inc. Stockholder Litigation, Consolidated C.A. No. 8885-VCL (Del. Ch. Ct. May 21, 2015 revised), Delaware Chancellor Travis Laster approved a settlement, awarded fees to Lead Counsel, and awarded an incentive payment to Plaintiff from the fees in […]

In The News . . . . Norton Rose Fulbright’s May 15, 2015 Litigation Trends Annual Survey Shows Class Action, IP, And Regulatory Matters As Top Issues For Corporate Departments

In The News

  Class Actions Are Top Litigation Issue For U.S., Canada, and Australia Respondents, And Alternative Fee Arrangements Are Frequent.      On May 14, 2015, Norton Rose Fulbright released its “2015 Litigation Trends Annual Survey,” the ll1th one overall and extensively polling more than 800 corporate counsel representing a wide array of companies across 26 countries

In The News . . . . Water Replenishment District of So Cal Stunned By $5 Million Fee Bill In Pumping Rate Case And Recent Study Of 2003-2013 Patent Fee Awards Yields Some Interesting Results

In The News

      We thank our friends at National Association of Legal Fee Analysis (NALFA) for providing us a couple of recent posts of interest, which we summarize below. Big Firm $5 Million Bill In Pumping Rate Case Was A Surprise.     Based on a recent Los Angeles Times story entitled “Water District Found Itself Drowning

Class Actions, In The News . . . . Central District California District Judge Rejects Plaintiffs’ Counsel Request For Enhanced Fee Award In Kia/Hyundai Fuel Efficiency MDL Case

Cases: Class Actions, In The News

  $2.8 Million Fees Deemed Enough.      As recently reported in the media, a Central District of California district judge nixed class counsel’s request for an enhanced fee recovery in the KIA/Hyundai fuel efficiency MDL case. Instead, he awarded $2.8 million, but nixed a request for $6 million more on a multiplier basis.

Class Actions, In The News: Central District California District Judge Only Awards Class Counsel $11,000 Out Of Requested $1.9 Million In Fees

Cases: Class Actions, In The News

  Inflated Requests and Unnecessary Work Efforts Predominated, With District Judge Not Sure Defense Work Was Probative To Combat Unnecessary Plaintiff Work As Far As Gauging Reasonableness Of Plaintiffs’ Fee Request.     Although we are only going on media reports, U.S. District Judge George H. Wu of the Central District of California in Red, et

In The News . . . . Losing Plaintiff Ms. Pao Has A Decision To Make In Gender Discrimination Case Against Kleiner Venture Capital Firm – Drop Any Further Proceedings Or Face Close To $1 Million Fee/Costs Exposure

Cases: Section 998, In The News

  Case Illustrates the Potency of CCP § 998 Offer.      Lots of press coverage was had on Ms. Ellen Pao’s gender discrimination suit against venture capital firm Kleiner Perkins Caufield & Byers. She lost a jury verdict. However, that is hardly the end of the saga.      Apparently, much earlier, the defense had sent

In The News . . . . New York U.S. District Court Judge Awards Winning Plaintiff In Faruqi & Faruqi Sexual Harassment Suit Only About 16% Of Her Requested Attorney’s Fees And Costs

In The News

  All Faruqui’d Up? — Her $1.4 Million Request Dubbed “Patently Unreasonable.”      A lot of press was generated on the sexual harassment trial involving plaintiff Alexandra Marchuk against Faruqi & Faruqi, LLP, a securities boutique business. She eventually won a small verdict, and then moved to recover $1.4 million in attorney’s fees and costs.

In the News . . . . N.D. Cal. District Judge Informs Class Counsel In Wells Fargo Overdraft Class Action That Fees Cannot Be Based On Subjective Evidence

Cases: Class Actions, In The News

  Also Indicates That Defense Counsel Billings Will Not Remain Sealed Forever.      In Gutierrez v. Wells Fargo Bank, N.A., Case No. 07-05923 WHA (N.D. Cal.), U.S. District Judge William Alsup recently ruled on March 27, 2015 that class counsel in the Wells Fargo overdraft class action—who won a $203 million restitutionary judgment—must support their

In The News . . . . 2015 BTI Consulting Survey Shows Corporate Clients Are Switching Core Counsel A Lot, Delaware Chancery Court Decides Nonreciprocal By-Law Fee-Shifting Provision Does Not Apply To Former Shareholder, And Many Southern California Law Sch

In The News

  BTI Consulting Survey Shows Corporate Clients Becoming More Demanding.      The “BTI Litigation Outlook 2015,” published by BTI Consulting, reports that more than 60% of corporate clients have replaced one of their primary, core law firms in the past 18 months—a 7 year high as far as this statistic is concerned. However, the same

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