Court Opinion

ID: 9480404
Source: CourtListenerOpinion
Date Created: 2023-08-05 07:47:05.421684+00
Date Added: 2024-06-11T17:47:40.182726
License: Public Domain

SNEED, Circuit Judge,
concurring specially:
I concur in the court’s opinion. My purpose in writing a special concurrence is to indicate that the court’s opinion does not endorse a percentage recovery in common fund cases in all instances. Lodestar calculations may be required under circumstances in which a percentage recovery would be either too small or too large in light of the hours devoted to the case. Moreover, trial judges will find it useful, I suggest, to inquire early in the proceedings what mode of recovery of fees the attorneys of the plaintiff class anticipate utilizing. The responses to this inquiry no doubt will facilitate case management by the trial judge as well as the final resolution of the fee calculation issue.