Paramount Pictures, Inc. v. Sparling

This is an appeal from an order denying two motions to fix and award reasonable attorneys’ fees to plaintiffs’ counsel and to order such fees paid out of the assets in the hands of respondent Superintendent of Banks (hereinafter called the superintendent) which are available for the payment of interest upon the approved claims of depositors or creditors of The Yokohama Specie Bank, Ltd. (hereinafter called the bank). The theory of appellants is that in the main litigation they established the right of all such creditors and depositors to interest as a class and that following the settled…