Any legal fees related to the action are paid out of those proceeds, and the remainder of the fund balance can be distributed among the litigants. If the structure of the settlement or court decision calls for ongoing disbursements to the victors in the suit, the fund may remain intact to...
Common fund orders ('CFOs') have had a significant effect on Australian third-partyfunded class actions by requiring all class members to make a contribution to the third-party litigation funder's fee in the event of a successful outcome. This altered past practice whereby ...
The Federal Court of Australia has found that it has power to make a common fund order in approving the settlement of a class action under section 33V of the Federal Court of Australia Act 1976 (Cth) (“Federal Court Act”). It has, however, declined to
Define least common multiple. least common multiple synonyms, least common multiple pronunciation, least common multiple translation, English dictionary definition of least common multiple. n. Abbr. lcm The smallest quantity that is divisible by two or m
A naked put involves the seller of a put having the obligation to buy the underlying stock at the strike price at any time until the expiration date, without setting aside the full cash amount to fund the purchase if the option is exercised. Although not unlimited, the risk is substantial ...
Class action lawsuits allow numerous individuals to collectively sue a large company. Typically, the gains from such lawsuits are minimal, but large numbers of people decide to sign up after a settlement is r...
(after taking into account all Units then held by such Holder), together with cash in lieu of fractional shares as provided in Section 5.09 and any dividends or distributions with respect to such shares constituting part of the Purchase Contract Settlement Fund, but without any interest thereon,...
OLYMPUS GROWTH FUND VI, L.P. By: OGP VI, LLC, its General Partner By: Name: Title: Signature Page to Underwriting Agreement RACE STREET FUNDING LLC By: FS Investment Corporation, as Sole Member By: GSO / Blackstone Debt Funds Management LLC, as Sub-Adviser By: Name: Title: ...
The Communities at Work Fund was created to help reverse this trend. It provides financing through n eighborhood institutions that lend to nonprofit and for-profit enterprises that are underserved by traditional banks. Citi, together with the Calvert Foundation and ...
With 2,500 to 3,000 words, you can understand 90% of everyday English conversations, English newspaper and magazine articles, and English used in the workplace. The remaining 10% you'll be able to learn from context, or ask questions about. However, it's essential to learn the right En...