In The News

Bankruptcy/In The News: Bankruptcy Court Retained Ancillary Jurisdiction To Resolve Attorneys’/Financial Advisor’s Entitlement To Fee Recovery Even Though Bankruptcy Case Dismissed

Cases: Bankruptcy Efforts, In The News

  Seventh Circuit Disagrees That Bankruptcy Judge Lacked Jurisdiction To Decide Fee Entitlement Issue.      In Sweports, Ltd. v. Much Shelist, Case No. 12-14254 (7th Cir. Jan. 9, 2015), bankruptcy counsel and a financial advisor to the Official Committee of Unsecured Creditors (“claimants”) in a Chapter 11 proceeding filed to recover fees of at least […]

In The News . . . . Large American U.S. Firm Bonuses On The Rise This Year

In The News

  Year-End Bonuses See Some Dramatic Rises For 2014.      As reported in the December 20, 2014 issue of The Economist, starting salaries for first year associates at large American law firms has been stuck at $160,000/year since 2007. However, in the waning months of 2014, year-end bonuses have dramatically risen for associate attorneys—despite being

In The News . . . . SDNY Judge Lowers Fee Request In FLSA Class Action Settlement, Also Lamblasting Reliance On Attorney-Prepared Fee Orders And Sixth Circuit Reduces Fee Award By About Half To Social Security Claimant’s Attorney In Benefits Case

In The News

  U.S. District Judge Pauley III Has Provided Some Guidance on FLSA Fee Awards.     FLSA litigation has been proliferating, constituting 9% of the filings for the 2014 S.D.N.Y. federal civil docket and paralleling a 400% increase in nationwide filings since 2001. U.S. District Judge William Pauley III, in Fujiwara v. Sushi Yasuda, No. 12cv8742

In The News . . . . Attorney’s Fees Not Awarded In Trademark And Patent Infringement Cases Under “Exceptional” Circumstance Statutes

In The News

  Neurovision/NuVasive Trademark Infringement Action.       U.S. District Judge Dale Fischer (C.D. Cal.) recently denied Neutrovision Medical Products’ request for attorney’s fees against NuVasive, Inc. under the trademark “exceptional” circumstance Lanham Act fee-shifting statute. Neutrovision won a $300 million verdict infringement verdict, but District Judge Fischer believed NuVasive had potentially meritorious defenses and would not

In The News . . . . Improving Economy Means Bigger Bonuses For Large New York Firm Associates, More Women Leading Law Firms, And More In-House Corporate Work Staying “In-House”

In The News

       Co-contributor Mike’s father-in-law Tom Basehart has provided his stash of news articles with tidbits of interest for our readers. Here is a synopsis of the articles he pulled, with some interesting trends—some in line with an improving economy and another not so much with respect to in-house corporate legal business. Three Elite New

In The News . . . . Seventh Circuit Reverses Nearly $2 Million Fee Award Where Class Distributions Only Came To $865,284

Cases: Class Actions, In The News

  Circuit Judge Posner Disturbed With Valuation, Reversion (“Kicker”) Clauses, And Convoluted Claim Forms.      Circuit Judge Posner, on behalf of a 3-0 panel, authored an opinion in Pearson v. NBTY, Inc., Nos. 14-1198 et seq. (7th Cir. Nov. 19, 2014) in which a class action fee award was scuttled because it was too high—finding

In The News . . . . VoxerNet Gets Patent Fee Recovery Under Octane Standard And Fifth Circuit Grants Rehearing To Evaluate Continued Validity Of Pro-Snax Decision

In The News

  VoxerNet Fee Recovery.      On November 6, 2014, a California federal district judge awarded VoxerNet, an application development start-up company, $820,000 in attorney’s fees for prevailing in a voice mail patent infringement suit against it. The U.S. Supreme Court’s Octane/Highmark cases led to this ruling, with this precedential duology seeming to be used more

In The News . . . . $14 Million Is Stockton, CA’s Bankruptcy Tab So Far And Littler Mendelson Denied Fee Recovery And Hit With Sanctions For Bringing Deficient Fee Request In ADA Federal Case

In The News

  Stockton’s Bankruptcy Tab.      Recently, a federal bankruptcy court has approved Stockton’s exit from bankruptcy in a Chapter 9 case. After about two years of work, the bankruptcy attorney tab for the Stockton bankruptcy has been reported to be around $14 million. Littler Mendelson’s Fee Motion Is Deficient, With The Firm Having to Pay

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