the court, which most are not. See Redman, 768.3d at 637; Pearson. Legal Ethics 1395, 139697 (2005). See,.g., Synfuel Techs., Inc. After summarizing the abuses of coupon settlements, the committee explained: In order to address such inequities, Section 1712(a) states that in class action settlements in which it is proposed that an attorney fee award be based solely on the purported value of the coupons awarded. Second, a court may rely solely on the lodestar method as permitted in subsection (b). Weve reached a point where being so flexible with drink coupons has put us in a position of having far too many in circulation. On counsel's Rule 59(e) motion, the district court held an evidentiary hearing and increased the fee award to 1,649,118 by using higher hourly rates. 327.3d at 964 (emphasis added).
The class parsons suwanee coupon members will receive everything they reasonably could have hoped for. The district court certified the class and approved the class relief components of the settlement but awarded class counsel a smaller fee than they had requested. 797, 812 (1985) (adequacy of representation is essential to protect due process rights of absent class members General Telephone. Nevertheless, the objectors argue the settlement is unfair in two ways. Third, a court may use a combination of the approaches as provided in subsection (c). After reaching this settlement of the merits, the parties negotiated the attorney fees for class counsel. We do not share their sense that the words attributable to, and the words of subsection (a) more generally, have such a plain meaning. Under the common fund doctrine, an attorney who recovers a common fund for the benefit of a class is entitled to a reasonable portion of the fund that is made available to the class rather than the amount actually claimed by the class. The CrossAppeal by Class Counsel Southwest Airlines was willing to pay a fee of up to 3,000,000 without objection.