In Re Unisys Corp. Retiree Medical Benefits Erisa Litigation

How courts have described this case

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

• “Awarding 20 to 45 percent of the $111 million fund in this case would be manifestly unjust[.]”
• noting percentage-ofreeovery awards range 19 to 45% generally, 4 to 10% where fund is between $100 and $200 million
• collecting cases and aligning with those courts adopting POR method in common fund cases
• awarding 6.25% of ERISA settlement fund in a case presenting a high risk of litigation and competent counsel, but high attorney fee rates and a good, but not “best,” result for the class
• exhaustively analyzing attorneys’ fees case law and theory and ultimately applying hybrid approach to award 6.25% of $111 million fund
• employing modified lodestar approach to determine reasonable percentage

Source: CourtListener parenthetical corpus (CC0).