Class Counsel Attorneys’ Fees Sample Clauses
The "Class Counsel Attorneys’ Fees" clause defines how and when the attorneys representing the class in a class action lawsuit will be compensated for their services. Typically, this clause outlines the method for calculating fees—such as a percentage of the settlement fund or a lodestar (hourly rate) approach—and may specify the process for court approval and payment timing. By clearly establishing the terms for attorneys’ compensation, this clause ensures transparency, prevents disputes over legal fees, and protects the interests of both the class members and their counsel.
Class Counsel Attorneys’ Fees. The attorneys who brought the lawsuit (listed below) will ask the Court to award them attorneys’ fees of up to one-third of the total Settlement Fund, plus reimbursement of Class Counsel’s costs and expenses incurred on behalf of Plaintiffs and the Class, for the time, expense and effort expended in investigating the facts, litigation, and negotiating the Settlement.
Class Counsel Attorneys’ Fees. As used in this Settlement Agreement, the term “Class Counsel” shall mean the law firms of Silver, ▇▇▇▇▇▇ & Silver (SH&S), ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇ (DC&B), LLP, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and former Liaison Counsel for petitioners in the Coordinated Retirement Cases, Judicial Council Coordination Proceeding No. 4049, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ LLP (CB&McD), ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 400, San Francisco, California 94104-4606.
Class Counsel Attorneys’ Fees. Class Counsel Attorneys’ Fees pursuant to Article XXV, including funding for the Legal Services Program, as set forth in Section 3.6(b) and ordered by the Court.
Class Counsel Attorneys’ Fees. 1. Class Counsel will file a motion requesting Class Counsel Attorneys’ Fees no later than sixteen (16) court days prior to the Final Approval Hearing, to which QHD shall not object to the amount requested or timing of payment thereof as provided herein. If the Court approves a Class Counsel Attorneys’ Fees amount which is less than the amount requested by Class Counsel, the remainder of the designated Class Counsel Attorney’s Fees funds held in the QSF shall, at the latest of the following events below, be added to the funds available for Class Member Cash Payments (i.e., currently $275,000.00):
a) the expiration date of the time for the filing or notice of any appeal from the Final Approval Order;
b) the date of final affirmance of any appeal of the Final Approval Order;
c) the expiration of the time for, or the denial of, a petition for writ of certiorari to review the Final Approval Order and, if the certiorari is granted, the date of final affirmance of the Final Approval Order following review pursuant to that grant; or
d) The date of final dismissal of any appeal from the Final Approval Order or the final dismissal of any proceeding on certiorari to review the Final Approval Order and Judgment.
Class Counsel Attorneys’ Fees. 7.01 Class Counsel shall together make an application to the Court for an award of Attorneys’ Fees and Expenses not to exceed $241,426.58 ($239,373.00 in attorney’s fees and $2,053.58 in costs). Defendants shall not oppose the application by Class Counsel for Attorneys’ Fees and Expenses, as long as the total amount requested does not exceed $241,426.58. Under no circumstances, may Plaintiff, the Class, the Subclass, or Class Counsel seek or be awarded Attorneys’ Fees and Expenses that exceed $241,426.58.
7.02 The amount of Attorneys’ Fees and Expenses described herein is a material aspect of this Agreement. In the event Plaintiff, the Class, the Subclass, or Class Counsel seek or are awarded any amount of Attorneys’ Fees and Expenses that, in total, exceeds $241,426.58. Defendants shall have the right terminate this Agreement. If Defendants elect to exercise their right of termination, Defendants shall have no obligation to make any payments required by this Agreement, and any payments Defendants have already made shall be returned to Defendants within five (5) days.
7.03 The Attorneys’ Fees and Expenses awarded by the Court in response to Class Counsel’s application, shall be paid by Defendants on the Distribution Date through a check made out to “▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Trust Account” and delivered to the Consumer Law Office of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇. In the event payment is required under this Section, the Consumer Law Office of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ will provide Defendants a copy of its current W-9 at least twenty- one (21) days prior to the Distribution Date. Defendants shall not be required to make any payments under this Section until they receive a copy of a current W-9 for Consumer Law Office of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇. Once such funds are paid, their distribution shall be the sole responsibility of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇. The award for Attorneys’ Fees Expenses shall be paid separate from and in addition to the payments to Valid Claimants and Class Representative and shall not reduce the amounts of those payments. Defendants shall be jointly liable for payment of the Attorneys’ Fees and Expenses awarded by the Court.