A recent article by Ann Woolner of Bloomberg offers an interesting profile of class action pioneer William Lerach, who has been traveling the world and relaxing in his seaside mansion since his release from prison last year. Lerach was convicted in 2007 for his part in a kick-back scheme in which lawyers agreed to split fees with clients in order to convince [...]
Posts Tagged ‘fee splitting’
Disgraced Class Action Lawyer Enjoying the Good Life
Posted in Class Action News, class action reform, tagged class action, class action reform, tort reform, scandal, lerach, fee splitting, kick-back, milberg, coia, enron on October 26, 2011 | Leave a Comment »
Is Victoria Province About to Top the ATRF’s List of Judicial Hellholes?
Posted in Class Action Trends, International Class Action Law, tagged australia class action, australian class action, contingency fee, contingent fee, fee sharing, fee splitting, IMF, IMF Australia, international class action, litigation funding on January 28, 2011 | 1 Comment »
Third party litigation funding has become intriguing development in the expansion of global class and collective action litigation over the past several years, particularly in Australia. (For various previous CAB articles addressing third party litigation funding, click here). The concept of third party litigation funding generally refers to financing of litigation by a private party or corporation that is [...]
Class Action Blogosphere Weekly Review
Posted in Class Action News, Class Action Trends, International Class Action Law, Other class action blogs, tagged attorneys fees, blawg review, blog review, CAFA, Class Action Decisions, Class Action Fairness Act, Class Action News, class action publicity, class action review, Class Action Trends, fee sharing, fee splitting, International Class Action Law on September 23, 2008 | Leave a Comment »
Here are some blog entries from the week that was that might be of interest to class action practitioners: Class Action Decisions The UCL Practitioner quotes a recent California Court of Appeal decision reversing a trial court’s order denying class certification on the ground that the court had not allowed pre-certification discovery of the identity of [...]
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- The Third Circuit Clarifies the Facts About FACTA While the Second Circuit Has a Different Concepcion of Class Arbitration Waivers
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Robin Hood as a Lawyer’s Role Model
Posted in Class Action News, Commentary, tagged class action scandal, david bershad, fee splitting, kickback scandal, legal ethics, Milberg Weiss, securities class action, steven schulman, william lerach on October 27, 2008 | 2 Comments »
AP writer Greg Risling reported today on the sentencing of former Milberg Weiss partners Steven Schulman and David Bershad for their roles in a scheme involving the payment of kickbacks to plaintiffs in securities class actions. Both lawyers were sentenced to six month prison terms. The scandal involved paying class representatives a portion of the oftentimes multi-million dollar legal fee awards obtained as [...]
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