Judge Questions Attys' Fees In 2 Takata Air Bag Deals
By Carolina Bolado (February 7, 2018, 9:32 PM EST) -- A Florida federal judge expressed concern Wednesday about the attorneys' fees requested in settlements worth more than $702 million between Honda, Nissan and a class of vehicle owners who sued the car manufacturers over the cost of replacing their defective Takata air bags.
In a hearing in Miami, U.S. District Judge Federico Moreno pointed to objections class members had filed with the court and said he felt uneasy about signing off on a fee award of 30 percent of the total recovery, or about $211 million, when the plaintiffs' attorneys already have received $166 million in fees in previous settlements with...
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