Basile v. Merrill Lynch, Pierce, Fenner, & Smith, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that the value of the benefit rendered is the first factor listed because it is the most important one
• finding that the value of the benefit rendered is listed as the first factor because it is the most important one
• allowing time spent on fee petitions in common fund cases because of the importance of the petitions in protecting the class
• 25% awarded where case tenaciously litigated over four year period, tens of thousands of documents produced, many depositions taken
• application of percentage of recovery method in common fund case such that value of common fund is first factor to consider
• in Sixth Circuit, factors to be considered in determining reasonable percentage include the value of the services on a hourly basis

Source: CourtListener parenthetical corpus (CC0).