Class action counsel in Class Action Fairness Act (CAFA) “coupon cases” are entitled to attorney fees based only on a percentage-of-recovery value of the coupons redeemed by class members, according to the U.S. Court of Appeals for the Ninth Circuit (Ninth Circuit). The appellate court found CAFA’s text ambiguous, but a divided panel nonetheless reversed the district court’s award and concluded that Congress clearly meant to limit attorney fees in coupon cases to a portion of the value...
Last year just over 2 million American couples tied the knot. In the same time 800,000 married couples filed for divorce, underscoring the oft-quoted statistic that nearly half of all marriages will end in a split. If you look at all that activity as an industry (weddings are, after all), it’s a big one—estimated at $30 billion in attorney fees alone.
So it’s not entirely surprising that the enterprising startup set are looking to get in on the action.
One new entry to the landscape is less...