Countrywide Seeks OK For $10M OT Deal After 9-Year Fight
Law360, Los Angeles (February 6, 2015, 10:19 PM EST) -- Bank of America's Countrywide Financial Corp. urged a California federal judge Friday to approve a $9.6 million deal to end a long-running and contentious overtime class action, saying the proposed $3.1 million in attorneys' fees is reasonable even though much of the settlement could revert to Countrywide.
During a hearing in Santa Ana, California, Countrywide attorney Thomas Kaufman of Sheppard Mullin Richter & Hampton LLP told U.S. District Judge Josephine L. Staton that the settlement, including the attorneys' fees, was fair and non-collusive, saying the opposing attorneys had a "combative" relationship over the course of the lengthy, hard-fought case. In addition, he...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!