Walsh v. Great Atlantic & Pacific Tea Co.
District Court, D. New Jersey
1Opinion of the Court
OPINION
LACEY, District Judge.
Before this court, for judicial approval under Fed.R.Civ.P. 23(e), is a proposed class action compromise settlement. After careful consideration of the terms proposed, the merits of the claims asserted, and the several unique features of the controversy in suit, this court concludes that the settlement is fair, reasonable and adequate, and should be approved.
Introduction
By the end of 1981, the funds in the Great Atlantic & Pacific Tea Company, Inc. (A & P) pension plan had expanded to an amount approximately $250,000,000 in excess of that required to fund its…
2Cases cited23 opinions
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- National Labor Relations Board v. Amax Coal Co.Supreme Court of the United States · 1981
- Fed. Sec. L. Rep. P 98,755, Fed. Sec. L. Rep. P 99,074 William B. Weinberger v. James C. Kendrick, Charles M. CoyneCourt of Appeals for the Second Circuit · 1983
- Girsh v. JepsonCourt of Appeals for the Third Circuit · 1975
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3Cited by17 opinions
- In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
- Dean Borst v. Chevron Corp.Court of Appeals for the Fifth Circuit · 1994
- Walsh v. Great Atlantic & Pacific Tea Co.Court of Appeals for the Third Circuit · 1983
- Borda v. Hardy, Lewis, Pollard & Page, P.C.Court of Appeals for the Sixth Circuit · 1998
- In Re Department of Energy Stripper Well Exemption LitigationDistrict Court, D. Kansas · 1986
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