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Vioxx fee-ing frenzy



Alison Frankel reports upon Judge Fallon's decision divvying up the nine-digit "common benefit fund" in the gigantic Vioxx settlement. Among the beneficiaries are the attorneys who won the notoriously bogus Garza case in south Texas—though that decision was reversed on appeal, they still get $2.7 million from the common fund. Other attorneys also got millions for winning jury verdicts that were eventually reversed for their "salutary effect on the Vioxx litigation."

Note that the justification for the $1000/hour contingency fees attorneys get in these cases is the risk they take that if they lose they get nothing. Now, it seems, attorneys can get paid even when they bring meritless cases and lose.

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Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.