Attorneys who worked to secure settlements topping $1 billion in the collapse of a beachfront Florida condominium building in which 98 people died are requesting about $100 million in fees and costs.
A court filing made public Monday says the request represents a discount of as much as $200 million compared with typical class-action cases.
The final amount of fees and costs will be determined by Miami-Dade Circuit Judge Michael Hanzman, who has already given preliminary approval to the victim settlements negotiated by the lawyers.
The money would come from those settlements, which total more than $1.02 billion. A fairness hearing on the settlements is set for June 23.
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A court filing made public Monday says the request represents a discount of as much as $200 million compared with typical class-action cases.
The final amount of fees and costs will be determined by Miami-Dade Circuit Judge Michael Hanzman, who has already given preliminary approval to the victim settlements negotiated by the lawyers.
The money would come from those settlements, which total more than $1.02 billion. A fairness hearing on the settlements is set for June 23.
Continue reading...