D.C. Appeals Panel Says Class Counsel Is Not Entitled To Additional Payment

Mealey's (February 2, 2018, 2:19 PM EST) -- WASHINGTON, D.C. — The District of Columbia U.S. Circuit Court of Appeals on Jan. 30 affirmed a district court’s finding that class counsel are not entitled to additional fees for locating pension beneficiaries in conjunction with a class action settlement because the terms of the settlement agreement are not ambiguous and clearly provided a 10-year payment period for class counsel (Mary E. Collins, et al. v. Pension Benefit Guaranty Corp., et al., Nos. 16-5310, 16-5318, D.C. Cir., 2018 U.S. App. LEXIS 2282)....