The terms of the deal, which ended litigation over unpaid royalties, would “make the average person shake her head in disbelief.”
The ruling went against attorneys from Michelman & Robinson LLP, who did not immediately return a request for comment on Thursday.David Lowery
But the lawsuit – and its prospects for a large payout – were sharply reduced by a competing class action organized by the National Music Publishers’ Association, which eventually drained roughly 98 percent of the possible class members from Lowery’s lawsuit. The earlier case was further knee-capped by the passage of the Music Modernization Act, which largely fixed the problems that led to the litigation.
“In evaluating the benefit to the class, the district court must disregard the illusory $20 million settlement cap and focus instead on the approximately $50,000 paid to class member,” Judge Lee wrote for the panel.
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