Page v. Pension Benefit Guaranty Corp.
District Court, District of Columbia
1Opinion of the Court
MEMORANDUM OPINION
JAMES E. BOASBERG, United States District Judge
There may be two things in life that are certain, but in class-action settlements, there is but one: attorney fees. The question now before the Court is whether those fees have properly come to an end after more than $85 million in payouts. The Pension Benefit Guaranty Corporation contends that they have because a settlement Wrap-Up Agreement unambiguously precludes fees after a ten-year period, which has now expired. Class Counsel, not surprisingly, disagree. The gist of their argument is that the PBGC failed to adequately…
2Cases cited12 opinions
- Kokkonen v. Guardian Life Insurance Co. of AmericaSupreme Court of the United States · 1994
- United States v. ITT Continental Baking Co.Supreme Court of the United States · 1975
- United States v. Armour & Co.Supreme Court of the United States · 1971
- Travelers Indemnity Co. v. BaileySupreme Court of the United States · 2009
- Richard W. Shear v. The National Rifle Association of America, a New York CorporationCourt of Appeals for the D.C. Circuit · 1979
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3Cited by3 opinions
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- Pigford v. VenemanDistrict Court, District of Columbia · 2018