In re Walter Straus & Son, Inc.

How courts have described this case

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

• recognizing and approving of this “inverse relationship between fund and fee”
• starting with range of 25%-30% and awarding roughly 32% of fund after noting the skill and efficiency of counsel
• court should employ percentage approach in common fund cases so long as there “are no circumstances suggesting its application would be unjust”
• “in order to avoid allowing the kind of -windfall fee awards which depressed support for the percentage of recovery method in the first place,” court finds that a similar result would also have resulted under lodestar approach
• listing ranges of percentages found by other courts and commentators
• court finds expenses adequately documented, proper, and reasonable

Source: CourtListener parenthetical corpus (CC0).