In Re: Methyl Tertiary Butyl Ether ("MTBE") Products Liability Litigation

Filing 4386

ORDER FOR FEES RELATED TO THE SETTLEMENTS WITH DEFENDANTS COASTAL EAGLE POINT OIL COMPANY AND EL PASO CORPORATION (n/k/a EL PASO LLC) AND WITH DEFENDANT DUKE ENERGY MERCHANTS, LLC: ORDERED as follows: 1. Special Counsel shall be and herby is entitled to a fee of twenty percent (20%) of the net recovery resulting from the settlement with Coastal and the settlement with Duke, the Court having found such fee to be reasonable and in accordance with Rule 1:21-7 of the Rules Governing the Courts of New Jersey and Rule 1.5 of the New Jersey Rules of Professional Conduct. 2. Plaintiffs shall pay said amount to Special Counsel forthwith, specifically $4,000,000 as to the settlement with Coastal and $340,000 as to the settlement with Duke. 3. A copy of the within Order shall be served upon the Office of the Attorney General of the State of New Jersey within five (5) days of the receipt thereof. (As further set forth in this Order) (Signed by Judge Shira A. Scheindlin on 3/2/2016) Filed In Associated Cases: 1:00-cv-01898-SAS-DCF, 1:08-cv-00312-SAS(kl)