· 10/30/1987
City of Danville v. Franklin
Citations
- 234 Va. 275
- 361 S.E.2d 634
- 4 Va. Law Rep. 959
- 1987 Va. LEXIS 259
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating the “trend towards adoption of a percentage of the fund method in [common fund] cases.”
- “enhancing the lodestar with a separate multiplier can serve as a means to account for the risk an attorney assumes in undertaking a ease, the quality of the attorney’s work product, and the benefit achieved”
- upholding district judge decision to apply multiplier of two, despite class counsel requesting a multiplier of three, because settlement only resulted in class members recovering 21% of their initial investment
- “When awarding attorney’s fees in a class action, a court must make sure that counsel is fairly compensated for the amount of work done as well as for the results achieved.”
- post-Dague case stating that, in the Sixth Circuit, contingency risk is one factor that is \the focus of a district court’s analysis when determining whether to utilize a multiplier\
- citations and quotations omitted in this and following citations except as otherwise noted
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.