Ewert v. Nippon Yusen Kabushiki Kaisha
The court approved the settlement with the Höegh defendants and dismissed the actions against them, finding the settlement fair and reasonable based on extensive investigation, adversarial negotiation, a substantial recovery relative to deemed loss, and adequate notice; the court also approved class counsel's fees, disbursements and interim payment as reasonable under the applicable fee factors.
Source excerpt
- Price‑fixing
- Settlement approval
- Counsel fees and contingency fees
- Notice to class
- Pass‑through damages
- Cooperation clause in settlements