Law360: Ill. Judge Needs More Info To OK $57M Chicken Antitrust Fee
Law360 covered post-remand proceedings concerning an attorneys' fee award that HLLI's John Andren successfully vacated in his appeal from In re Broiler Chicken Antitrust Litigation.
Forbes: The Lawyer Taking On The Class Action Racket
Forbes profiles the Hamilton Lincoln Law Institute and its director Theodore H. Frank. William Baldwin explains how class action settlements work, and why Ted “is not a popular figure in the litigation bar.”
Bloomberg: Chicken Case’s Attorney Fees Must Change, Seventh Circuit Finds
“We’re grateful for the opinion, and hope it will ultimately result in the class getting more money,” said Ted Frank, an attorney for Andren as well as the director of the Hamilton Lincoln Law Institute and the Center for Class Action Fairness.
Bloomberg Law Logo (PRNewsfoto/Bloomberg Law)
Reuters: $57 million fee award for consumer lawyers scratched in chicken antitrust appeal
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."
HLLI wins vacatur of $57 million fee award in Broiler Chicken Antitrust
The Seventh Circuit agreed with HLLI, vacating a $57 million attorneys’ fee award in the Broiler Chicken Antitrust Litigation. Theodore H. Frank, who argued the case remarked “this is an important decision that should help consumers win more money from large settlements, where plaintiffs’ attorneys enjoy economies of scale.”
In re Broiler Chicken Antitrust Litigation
The settling attorneys argue they should be paid 38% of the $181 million settlement fund as fees and costs, which is nearly triple the percentage typically awarded in a settlement of this size. The fee request is also more than twice what one of the lead firms has bid as a percentage fee award in two other antitrust cases.
