Litigation
Feb. 12, 2014
Lead Toyota counsel ask judge for 8 percent 'common benefit' cut
The plaintiffs' steering committee overseeing state litigation against Toyota Motor Corp. over sudden acceleration claims wants an 8 percent cut of any future settlement. A federal judge granted a similar request last year.
Daily Journal Staff Writer
Lead plaintiffs' lawyers negotiating a statewide settlement with Toyota Motor Corp. over unintended acceleration personal injury claims have asked a Los Angeles judge for an 8 percent cut of any settlement or judgment they reach.
The plaintiffs' steering committee - comprised of five law firms - have argued in a court filing that a "common benefit fund" is justified since they have e...
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