In re Bankruptcy of International Mortgage Trust Co.

How courts have described this case

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

• benchmark for fee award is 25% of entire fund, and District Court abused its discretion in basing award on actual distribution to class
• benchmark for fee award is 25% of entire fund, and District Court abused its discretion in basing award on actual distribution to class
• benchmark for fee award is 25% of entire fund, and District Court abused its discretion in basing award on actual distribution to class
• “We conclude that the district court abused its discretion by basing the fee on the class members’ claims against the fund rather than on a percentage of the entire fund or on the lodestar.”

Source: CourtListener parenthetical corpus (CC0).