· 6/30/1959
In re La Plata
Citations
- 174 F. Supp. 884
- 1959 U.S. Dist. LEXIS 3114
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating that the percentage method “allows courts to award fees from the fund in a manner that rewards counsel for success and penalizes it for failure”
- approving plan of 17 Document no. 122-2 at 17-19. 20 allocation accounting for class members’ relative damages depending on timing of stock sale
- “With no adversary to challenge the Plaintiffs’ proposal, the Court has been left to fend for itself in crafting an approach for assessing reasonableness.”
- “it is sufficient to conclude that when the lodestar cross-check is applied to the fee award in this case, it raises no reasonableness concerns”
- “[T]he competitive fee structures uniformly reflect a downward scaling as the settlement fund increases.”
- market-based information used to set a reasonable fee
Source: CourtListener parenthetical corpus (CC0).
Judges: Levin
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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