Examples of Class Action Settlement Amount in a sentence
Fees and Costs” means the attorneys’ fees and out-of-pocket costs for which Class Action Counsel, on behalf of themselves, Additional Class Action Counsel and Subclass Counsel, will apply to the District Court for approval for payment from the Class Action Settlement Amount, as well as the attorneys’ fees and out-of-pocket costs for which Former Class Action Counsel may apply to the District Court for approval for payment from the Class Action Settlement Amount.
Further, by the later of (i) 10 days from the Settlement Effective Date and(ii) the payment of the Class Action Settlement Amount to the Escrow Account, the cases brought by the NYOAG on behalf of the People of New York, Case No. 0450293/2018 (N.Y. Sup.
The fundamental investment goal being to preserve the Class Action Settlement Amount, reduce investment costs and fees, and earn a reasonable but safe return on investment of those funds.
Upon the occurrence of the Settlement Effective Date, neither the Defendants, the Insurance Companies, nor any other person or entity that paid any portion of the Class Action Settlement Amount will have any right to the return of monies contributed or any portion thereof for any reason whatsoever (including, without limitation, the number of Claim Forms submitted, in absolute terms or by category, or the amounts to be paid to Class Action Claimants), except as set forth in Paragraphs 111 and 160.
Court- appointed Class Counsel, The Xxxxx Law Firm, P.A. and Xxxxxx Xxxxxxx & Xxxxxx LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an amount not to exceed one-third of the Class Action Settlement Amount (i.e., $1,633,333.33, plus interest) and one-third of any Additional Settlement Amount allocated to the Class Actions.
Defendants will pay the Class Action Settlement Amount in two (2) installments.
Therefore, any remaining Insurance Policy coverage after subtracting the Class Action Settlement Amount and the estimated legal costs of $1,500,000 for the Fiduciary Duty Causes of Action, would be the estimated recovery on the Fiduciary Duty Causes of Action.
The analysis will also draw on other subject teachers’ assessments where relevant.
Liberty Mutual and Underwriters questioned whether the Class Action Settlement Amount, Defense Costs and any further monies incurred or to be incurred with regard to the Reported Matters are covered under their respective policies, with Endocare, Liberty Mutual and Underwriters initiating arbitrations before the American Arbitration Association, such arbitrations consolidated and styled as Liberty Mutual Insurance Company, et al.
Court-appointed Class Counsel, The Rosen Law Firm, P.A. and Glancy Prongay & Murray LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an amount not to exceed one-third of the Class Action Settlement Amount (i.e., $1,633,333.33, plus interest) and one-third of any Additional Settlement Amount allocated to the Class Actions.