Paul L. Caron

Wednesday, January 24, 2018

Judge Reduces $4 Million Litigation Settlement To Each Of California's Five Public Law Schools By 99.25%, To $30,000

California Law SchoolsThe Recorder, $20 Million Award to UC Law Schools Shrinks to $150,000:

A $4 million windfall granted to each of the five law schools within the University of California system in March has been whittled down to $30,000 per campus by a federal bankruptcy judge. ...

[UC-Hastings Dean Davig Faigman said] "My first reaction was that one should not count one’s chickens before they’re hatched. Here, this turned out to be eggs for omelets rather than for young chicks. And that’s OK."

ABA Journal, $20m Windfall for UC Law Schools in Wrongful Foreclosure Suit Shrinks to $150k

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