· 8/31/2001
In the Matter Of: Synthroid Marketing Litigation
Citations
- 264 F.3d 712
- 51 Fed. R. Serv. 3d 736
- 2001 U.S. App. LEXIS 19412
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- recognizing that in some circumstances a sliding scale arrangement will not be ideal
- noting that market rate depends “in part on the amount of work necessary to resolve the litigation”
- reasoning that “[p]rivate parties would never contract for such an arrangement, because it would eliminate counsel’s incentive to press for” a higher settlement
- explaining that “only ex ante can the costs and benefits of par- ticular systems and risk multipliers be assessed intelli- gently”
- holding that “[m]arkets would not tolerate [the megafund] effect”
- stating that risk of nonpayment is factor to consider in setting fee
Source: CourtListener parenthetical corpus (CC0).
Judges: Easterbrook, Manion, Kanne
Read full opinion on CourtListenerSourced 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.