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· 12/20/2005

Lipuma v. American Express Co.

Citations

  • 406 F. Supp. 2d 1298
  • 2005 U.S. Dist. LEXIS 38010
  • 2005 WL 3543841

How courts have described this case

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

  • finding that likelihood that appellate proceedings could delay class recovery \strongly favor[s]\ approval of a settlement
  • finding that a low percentage of objections “points to the reasonableness of a proposed settlement and supports its approval”
  • valuing injunctive relief as part of “significant benefits” made available to class and determining that settlement was fair, adequate, and reasonable
  • valuing injunctive relief as part of “significant relief” made available to class and determining that settlement was fair, adequate, and reasonable
  • approving class settlement where the “benefits conferred upon the Class are substantial, and are the result of informed, arms-length negotiations by experienced Class Counsel”
  • “[I]t has been held proper to take the bird in hand instead of a prospective flock in the bush.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Altonaga

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.