8 Cited authorities

Dunleavy v. Nadler
213 F.3d 454 (9th Cir. 2000) Cited 862 times 1 Legal Analyses
Holding that the district court did not abuse its discretion in awarding an incentive award to the class representatives
Shatterproof Glass Corp. v. Guardian Glass Co.
409 U.S. 1039 (1972) Cited 222 times
Construing TMT Trailer Ferry in context of settlement of derivative suit
Weinberger v. Kendrick
698 F.2d 61 (2d Cir. 1982) Cited 486 times 1 Legal Analyses
Holding that a "clearer showing of a settlement's fairness, reasonableness and adequacy" is required for a settlement reached "prior to class certification," though "we have long recognized that a district court's disposition of a proposed class action settlement should be accorded considerable deference"
Newman v. Stein
464 F.2d 689 (2d Cir. 1972) Cited 345 times
Articulating abuse-of-discretion and range-of-reasonableness standards for review of a bankruptcy court's approval of a settlement
Consolidated Edison, Inc. v. Northeast Utilities
332 F. Supp. 2d 639 (S.D.N.Y. 2004) Cited 31 times
In Consol. Edison, Inc. v. Northeast Utilities, 332 F.Supp.2d 639 (S.D.N.Y. 2004), the Court, applying New York law, similarly granted a motion for summary judgment dismissing the defense of release.
Teachers’ Ret. Sys. of Louisiana v. A.C.L.N., Ltd.
Master File No. 01-CV-11814(MP) (S.D.N.Y. May. 14, 2004) Cited 28 times
Noting that the skill and prior experience of counsel in the specialized field of shareholder securities litigation is relevant in determining fair compensation
In re Union Carbide Corp. Sec. Litig.
718 F. Supp. 1099 (S.D.N.Y. 1989) Cited 17 times
Acknowledging that "a settlement can be approved even though the benefits amount to a small percentage of the recovery sought" and that the "essence of settlement is compromise."
Rule 23 - Class Actions
Fed. R. Civ. P. 23 Cited 34,829 times 1232 Legal Analyses
Holding that, to certify a class, the court must find that "questions of law or fact common to class members predominate over any questions affecting only individual members"

Schnall v. Annuity & Life, et al

8 Cited authorities

Holding that the district court did not abuse its discretion in awarding an incentive award to the class representatives

Construing TMT Trailer Ferry in context of settlement of derivative suit

Articulating abuse-of-discretion and range-of-reasonableness standards for review of a bankruptcy court's approval of a settlement

In Consol. Edison, Inc. v. Northeast Utilities, 332 F.Supp.2d 639 (S.D.N.Y. 2004), the Court, applying New York law, similarly granted a motion for summary judgment dismissing the defense of release.

Noting that the skill and prior experience of counsel in the specialized field of shareholder securities litigation is relevant in determining fair compensation

Acknowledging that "a settlement can be approved even though the benefits amount to a small percentage of the recovery sought" and that the "essence of settlement is compromise."

Holding that, to certify a class, the court must find that "questions of law or fact common to class members predominate over any questions affecting only individual members"