Harman v. Lyphomed, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
CUDAHY, Circuit Judge.
Out of a $10.4 million settlement fund, the district court awarded plaintiffs’ counsel $950,000 in fees and $121,277 in expenses, the total of which — $1,071,277—is about 10.3 percent of the fund.1 On the attorneys’ motion for reconsideration, the court increased the fees to $1,050,000, plus the $121,277 in expenses. Counsel had requested $2,997,000 in fees and $131,900 in expenses. In making the award, the district court relied on the widely accepted lodestar-and-multiplier method and refused to adopt the percentage-of-the-fund approach. The court also declined to award…
2Cases cited15 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Stephen Ustrak v. James W. FairmanCourt of Appeals for the Seventh Circuit · 1988
- In re Fine Paper Antitrust LitigationCourt of Appeals for the Third Circuit · 1984
- Paul, Johnson, Alston & Hunt v. GraultyCourt of Appeals for the Ninth Circuit · 1989
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- Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
- Cook v. NiedertCourt of Appeals for the Seventh Circuit · 1998
- In Re Thirteen Appeals Arising Out of the San Juan Dupont Plaza Hotel Fire LitigationCourt of Appeals for the First Circuit · 1995
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