Legal Opinion

In Re Metropolitan Life Derivative Litigation

District Court, S.D. New York

Decided July 16, 1996No. Civil Action 93 Civ. 9035 (DC)PublishedCited by 18 opinions

1Opinion of the Court

OPINION

CHIN, District Judge.

In this consolidated derivative litigation against defendants Metropolitan Life Insurance Company (“MetLife”) and certain of its former and current officers, directors and employees, the parties seek approval of a proposed settlement and compromise. In addition, counsel for plaintiffs seek an award of $2.9 million in attorneys’ fees and costs.

I find that the proposed settlement is fair, reasonable, and adequate. Hence, it is approved. The application for fees and costs, however, is granted in part and denied in part, for I find that the requested amount of $2.9…

2Cases cited28 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. 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
  3. New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983
  4. Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
  5. 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

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3Cited by18 opinions

  1. Hamilton Partners, L.P. v. EnglardCourt of Chancery of Delaware · 2010
  2. Thayer v. WELLS FARGO BANK, NACalifornia Court of Appeal · 2001
  3. Wright v. SternDistrict Court, S.D. New York · 2008
  4. Thompson v. Metropolitan Life InsuranceDistrict Court, S.D. New York · 2003
  5. Noonan v. Northwestern Mutual Life InsuranceCourt of Appeals of Wisconsin · 2004

13 more not listed; retrieve them via the Exa API.

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