Tuttle et al v. Sky Bell Asset Management LLC et al

Filing 383

ORDER RE ATTORNEY'S FEES AND COSTS re 374 MOTION for Attorney Fees Plaintiffs' Motion for an Award of Attorneys' Fees and Expenses; Memorandum of Points and Authorities in Support Thereof filed by Wendy Meg Siegel, The Braun Family Trust, Eric Braun, Edgar W. Tuttle. Signed by Judge Alsup on August 8, 2012. (whalc2, COURT STAFF) (Filed on 8/8/2012)

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1 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 9 12 EDGAR W. TUTTLE, ERIC BRAUN, and THE BRAUN FAMILY TRUST by its co-trustee ERIC BRAUN, on behalf of themselves and all others similarly situated, 13 v. 14 SKY BELL ASSET MANAGEMENT, LLC, et al., 11 For the Northern District of California United States District Court 10 15 16 No. C 10-03588 WHA Plaintiffs, ORDER RE ATTORNEY'S FEES AND COSTS Defendants. / 17 Class counsel seek attorney’s fees in the amount of $350,000, as well as reimbursement 18 for litigation expenses in the amount of $100,474.24. The documentation submitted with class 19 counsel’s motion for attorney’s fees is inadequate because it does not enable the Court to 20 determine whether the request is reasonable. Exhibit One to the declaration of Solomon B. Cera 21 and Exhibit One to the declaration of Joshua S. Devore list all of the individuals who billed time 22 to this matter, their rate, and the number of hours spent, but neither exhibit provides any 23 additional information. Likewise, Exhibit Two to the Cera declaration and Exhibit Two to the 24 Devore declaration list unreimbursed expenses in connection with this litigation, for which class 25 counsel now seek reimbursement, in addition to attorney’s fees. Class counsel must provide an 26 itemized accounting for unreimbursed expenses listed as “travel” and “professional fees.” 27 Travel must be broken down into at least the following categories: air transportation, ground 28 travel, meals, and lodging. Class counsel may include additional categories, if necessary. Within each category, each expense must be listed, including date, description, and cost. 1 Professional fees may be broken down into separate categories if counsel deems appropriate. 2 The date, description, and cost, for each expense incurred, such as the fee paid to an expert to 3 produce an expert report on a specific issue, must be listed for all professional fees. A 4 declaration including this information must be filed by NOON ON AUGUST 15, 2012. 5 Also by NOON ON AUGUST 15, class counsel must file and serve a detailed declaration, 6 organized by discrete projects, breaking down all attorney and paralegal time sought to be 7 recovered. For each project, there must be a detailed description of the work, giving the date, 8 hours expended, attorney name, and task for each work entry, in chronological order. A 9 “project” means a deposition, a motion, a witness interview, and so forth. It does not mean generalized statements like “trial preparation” or “attended trial.” It includes discrete items like 11 For the Northern District of California United States District Court 10 “prepare supplemental trial brief on issue X.” The following is an example of time collected by 12 a project. 13 14 PROJECT: ABC DEPOSITION (2 DAYS IN FRESNO) Date Timekeeper Description Hours x Rate = Fee 01-08-01 XYZ Assemble and photocopy exhibits for use in deposition. 2.0 $100 $200 01-09-01 RST Review evidence and prepare to examine ABC at deposition. 4.5 $200 $900 19 01-10-01 XYZ Research issue of work-product privilege asserted by deponent. 1.5 $100 $150 20 01-11-01 RST Prepare for and take deposition. 8.5 $200 $1700 21 01-12-01 RST Prepare for and take deposition. 7.0 $200 $1400 15 16 17 18 22 23 Project Total: 23.5 $4350 All entries for a given project must be presented chronologically one after the other, i.e., 24 uninterrupted by other projects, so that the timeline for each project can be readily grasped. 25 Entries can be rounded to the nearest quarter-hour and should be net of write-down for 26 inefficiency or other cause. Please show the sub-totals for hours and fees per project, as in the 27 example above, and show grand totals for all projects combined at the end. Include only entries 28 for which compensation is sought, i.e., after application of “billing judgment.” 2 1 A separate summary chart of total time and fees sought per individual timekeeper (not 2 broken down by project) should also be shown at the end of the declaration. This 3 cross-tabulation will help illuminate all timekeepers’ respective workloads and roles in the 4 overall case. 5 The declaration must also set forth (a) the qualifications, experience and role of each in the relevant time period; (c) how the rates were comparable to prevailing rates in the 8 community for like-skilled professionals; and (d) proof that “billing judgment” was exercised. 9 On the latter point, as before, the declaration should describe adjustments made to eliminate 10 duplication, excess, associate-turnover expense, and so forth. These adjustments need not be 11 For the Northern District of California attorney or paralegal for whom fees are sought; (b) the normal rate ordinarily charged for each 7 United States District Court 6 itemized but totals for the amount deleted per timekeeper should be stated. The declaration 12 must identify the records used to compile the entries and, specifically, state whether and the 13 extent to which the records were contemporaneous versus retroactively prepared. It must state 14 the extent to which any entries include estimates (and what any estimates were based on). 15 Estimates and/or use of retroactively-made records may or may not be allowed, depending on 16 the facts and circumstances. 17 Ordinarily, no more than one attorney and one paralegal need be present at a deposition; 18 more will normally be deemed excessive. Ordinarily, no more than one attorney need attend a 19 law-and-motion hearing; more will normally be deemed excessive. 20 21 The Court needs this information to compute the proper lodestar even though counsel are seeking a percentage of the class recovery. 22 23 IT IS SO ORDERED. 24 25 26 Dated: August 8, 2012. WILLIAM ALSUP UNITED STATES DISTRICT JUDGE 27 28 3

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