Attys Get Fee Fund In Calif. Toyota Acceleration Suits

Law360, Los Angeles (February 18, 2014, 10:17 PM EST) -- A California state judge overseeing litigation over faulty Toyota Motor Corp. vehicles said Tuesday that she will order Toyota to establish a fund for the plaintiffs' attorneys' costs and fees amounting to 8 percent of the total paid to the plaintiffs, barring objections from any party to the suit.

At the hearing in Los Angeles, Anne O. Hanna of Bowman and Brooke LLP, representing Toyota, said the carmaker did not object to the order, which would require it to withhold and put in escrow 8 percent...
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