Lake v. First Nationwide Bank

How courts have described this case

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

• observing no impropriety in agreement, bargained for after settlement had been reached, that defendant would pay particular amount of attorney fees and any portion disapproved by the court would revert to defendant
• “[T]he low number of objections or requests for exclusion bolsters the contention that this is not an unreasonable settlement.”
• “Significant weight should be attributed to the belief of experienced counsel that settlement is in the best interest of the class”
• “In situations where counsel and the class share a common fund, or where the fee and the settlement are claimed to be independent of each other, but actually derive from the same source, a percentage of the total recovery is more appropriate.”

Source: CourtListener parenthetical corpus (CC0).