State Farm Mutual Automobile Insurance v. Boyd

How courts have described this case

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

• noting that the final Grinnell factor is \a function of both (1) the size of the amount relative to the best possible recovery; and (2) the likelihood of non-recovery\
• finding that a rate of exclusion of 5.1% weighed strongly in favor of approval
• considering experience of counsel and the presence of a damages expert as evidence of fairness and reasonableness
• \The risk that Defendants could in fact succeed in their efforts to decertify the class militates in favor of settlement approval.\
• “The requested fee is only 12% of the Settlement Amount, well below the 17%-25% typically awarded....”
• “It is well-settled that a cash settlement amounting to only a fraction of the potential recovery will not per se render the settlement inadequate or unfair.”

Source: CourtListener parenthetical corpus (CC0).