Home Federal Savings & Loan Ass'n v. Cook

How courts have described this case

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

• reviewing that contractual statement, “[w]e agree to pay you ... an amount equal to 28%” of recovery was only a promise to pay, but contractual statement, “[we] agree to pay ... a contingent fee of 40%,” was an equitable assignment
• same where attorneys were promised “a contingent fee of 40% of any monies recovered . . . by either settlement or jury verdict”
• “[A]n equitable lien on a judgment ... [requires] an equitable assignment of a portion of the recovery.”
• attorney liens create an “equitable assignment of a portion of the recovery, as opposed to a mere promise to pay” and can assert priority over other creditors

Source: CourtListener parenthetical corpus (CC0).