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· 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 CourtListener

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.