Sunday, September 13, 2009

Attorneys' fees in class actions

The Initial Public Offering Litigation pending before Judge Scheindlin in the S.D.N.Y. has produced plenty of controversy over the past several years.  The latest installment is a fight over the calculation of attorneys' fees.  The grounds are familiar: are the plaintiffs' attorneys entitled to the sum, or have agency problems and poor incentives led the attorneys to demand too high of a sum?
The New York Law Journal reports here.

RJE

http://lawprofessors.typepad.com/civpro/2009/09/attorneys-fees-in-class-actions.html

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