Yeatman v. Hyland
Class member William Yeatman objected to a settlement that provides no direct benefit to class members but instead pays $1.75 million as “cy pres” to fund the creation of a new non-profit.
Class member William Yeatman objected to a settlement that provides no direct benefit to class members but instead pays $1.75 million as “cy pres” to fund the creation of a new non-profit.
Hamilton Lincoln Law Institute (HLLI) announced today the departure of president & general counsel Melissa A. Holyoak, who is leaving to serve as Utah Solicitor General. Holyoak co-founded HLLI with Theodore H. Frank in 2019. HLLI also announced that Anna St. John will serve as its next president.
HLLI successfully filed a civil rights suit against the Disciplinary Board of the Supreme Court of Pennsylvania to block implementation of a rule that would limit speech by Pennsylvania-licensed attorneys. HLLI unsuccessfully appealed to the Supreme Court concerning the revised rule that replaces the one already found to be unconstitutional.
“I’m confident that one day this decade a different court of appeals will disagree with one of those Posner opinions, the Supreme Court will take up the circuit split, and then tell us that Posner was right all along,” Frank said.
HLLI filed an amicus brief in support of a shareholder challenging California's discriminatory quota requiring the election of a minimum number of women to the boards of directors of publicly-traded companies.
HLLI attorney Anna St. John objected to a settlement with The Children’s Place because it would pay attorneys over $1 million in fees while leaving class members with only small $6 coupons that few class members will use.
CCAF's objector contended that only 25% of the cash fund should be awarded to the attorneys until the actual redemption rate of coupons is known. Prior to the fairness hearing, class counsel agreed to defer fees pending coupon redemption, thus resolving Faber's primary objection.
Frankel: Judge Thrash called on class counsel to file the draft opinion in the Equifax docket “as soon as reasonably possible.” Class action watchdog Ted Frank of the Hamilton Lincoln Law Institute contends that the draft opinion may show that the trial judge improperly adopted accusations by class counsel.
CCAF filed an amicus brief in support of objectors who received an inexplicably small fee award after their work benefit the class by over $100 million. On May 7, 2020 these objectors prevailed; the Third Circuit remanded with instructions for the district court to explain how it arrived at its low fee award.
Judge Thrash’s written opinion in January was much more extensive than his oral opinion at the end of the fairness hearing. It was also much more critical of objectors to the settlement, including Frank.