Examples of Damages Settlement Class in a sentence
Economic and Property Damages Settlement Class shall mean the NATURAL PERSONS and ENTITIES defined in this Section 1, subject to the EXCLUSIONS in Section 2 below.
On a preliminary basis and for settlement purposes only, for purposes of enabling and effectuating the issuance of notice and setting of a formal hearing to determine whether the terms of the Proposed Settlement should be finally approved as fair, reasonable, and adequate, the proposed Economic and Property Damages Settlement Class is conditionally certified under Federal Rule of Civil Procedure 23(a) & 23(b)(3).
The Economic and Property Damages Settlement Agreement (“Settlement Agreement”) provides for a detailed and comprehensive system for submission, evaluation and determination of claims on behalf of the members of the Economic and Property Damages Settlement Class.
DHEPDS Agreement at Section 2: Exclusions from the Economic and Property Damages Settlement Class Definition and Section 1.3.1.11 allowing businesses/employers in certain otherwise excluded industries to file CRP and Wetlands claims.
The Court accordingly explains in greater detail that the commonality standard is met in the context of establishing below that Rule 23(b)(3)’s predominance requirement is satisfied.The commonality requirement is satisfied because members of the Punitive Damages Settlement Class share numerous common legal and factual questions, the resolution of whichwould advance the ultimate determination of punitive damages, which the Supreme Court has emphasized relates primarily to defendants’ conduct.
The Economic and Property Damages Settlement Class Definition, and the Exclusions therefrom, as they appear in the accompanying Deepwater Horizon Economic and Property Damages Settlement Agreement (“Agreement”) are attached hereto as Exhibit A, including Maps pertinent to the geographic boundaries of the Class.
Under the Preliminary Approval Order, Class Members who wished to object to the New Class Settlement were required to submit a written statement of the objection(s) and to include in this statement “written proof that the individual or entity is in fact a New Punitive Damages Settlement Class member, such as proof of residency, ownership of property and the location thereof, and/or business operation and the location thereof” by September 23, 2016.
The Punitive Damages Settlement Class is discrete and ascertainable.
BP Exploration & Production Inc.) filed on April 16, 2012, in connection herewith, to serve as Class Representatives for the Economic and Property Damages Settlement Class (“Economic Class”), and that the Court also appoint, under Federal Rule of Civil Procedure 23(g), the undersigned Interim Class Counsel to serve as Lead Settlement Class Counsel, and the undersigned PSC Members to serve as Settlement Class Counsel, for the Economic Class.
At this time, it is not possible to determine how much money any Damages Settlement Class Member will receive from the Settlement.