(DOWNLOAD) "Gottlieb v. Barry" by United States Court of Appeals for the Tenth Circuit # Book PDF Kindle ePub Free
eBook details
- Title: Gottlieb v. Barry
- Author : United States Court of Appeals for the Tenth Circuit
- Release Date : January 09, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 83 KB
Description
ANDERSON, Circuit Judge. In these eight consolidated appeals, we address the propriety of the district court's award of attorneys' fees to some of
the many lawyers who participated in the multitude of securities actions, and subsequent class action settlement, which followed
the collapse of the MiniScribe Corporation, a publicly traded company which manufactured computer disk drives. At issue is
what portion these attorneys may receive of a $44 million fund created by the settlement of Gottlieb v. Wiles, District Court
No. 89-M-963, a class action certified on behalf of MiniScribe shareholders. A subsidiary, but important, issue is what deference
must be paid to the recommendation of the special master to whom the fee applications were initially referred. There are three
groups of appellants: (1) the "Class Counsel Appellants," two of the four law firms who were counsel for the Gottlieb plaintiffs
and whose members were designated as class counsel in the Gottlieb class action; (2) the "Non-Designated Counsel Appellants,"
counsel for plaintiffs in actions which were not designated as a class action; and (3) the "Objector Appellants," Timothy
L. and Dorothy A. Welch (the "Welches"), class members who objected to the fee petitions submitted by all counsel, as well
as their attorneys. For the following reasons, we REVERSE and REMAND.