Brundidge v. Glendale Federal Bank, F.S.B.
Illinois Supreme Court
1Opinion of the CourtJustice McMORROW
In this appeal we are asked to reconsider Fiorito v. Jones (1978), 72 Ill. 2d 73, and Leader v. Cullerton (1976), 62 Ill. 2d 483. In Fiorito and Leader, this court adopted the lodestar method for awarding attorney fees to plaintiffs’ counsel in class action litigation where the plaintiffs’ recovery results in the creation of a common fund from which attorney fees are awarded. The question presented is whether we should grant the trial court the discretion to award attorney fees based on a percentage of the common fund recovered in the class ac-. tian suit.
BACKGROUND
The pertinent facts are…
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