Reuters covered the HLLI’s successful appeal in Broiler Chicken Antitrust Litigation, where on August 30, 2023, the Seventh Circuit vacated a $57 million fee award that HLLI argued greatly exceeded market approximating rates.
Mike Scarcella writes for Reuters:
A U.S. appeals court has vacated a $57 million legal fee award to plaintiffs’ lawyers who represented chicken consumers in antitrust litigation, after finding a federal judge’s ruling on attorney compensation “fell short” and must be revisited.
In its ruling, a three-judge panel of the 7th U.S. Circuit Court of Appeals said the Chicago federal district judge overseeing the case did not properly consider out-of-circuit fee awards and also certain bids made by the class attorneys in other cases.
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Brennan said in Wednesday’s ruling that “the arrived-upon figure of one-third of the net settlement warrants greater explanation and consideration.” Brennan heard the case with Chief Circuit Judge Diane Sykes and Circuit Judge Doris Pryor.
Ted Frank, director at the Hamilton Lincoln Law Institute and the Center for Class Action Fairness, on Wednesday said they hoped the ruling “will ultimately result in the class getting more money.”