One of Betty Johnson’s lawyers, Bruce Jorgensen, has filed in federal court a supplement to his petition for attorney’s fees and costs.
Jorgensen mentioned that his cumulative base amount of attorney’s fees is $1,454,380 and that his costs total $4,993.17.
Jorgensen did not specify the total amount of attorney’s fees he wants or whether his $1.5 million in attorney’s fees should be multiplied by 15.
He, however, mentioned that his award of attorney’s fees is “via application of a lodestar analysis with a multiplier of 15.”
Jorgensen said the $1.5 million is computed by 3,890.3 hours of professional services at a rate of $325 per hour, in a cumulative base amount of $1,264,347.50; and 567 hours of professional service provided by attorney Timothy R. Lord at a rate of $325 per hour, in a cumulative base amount of $184,275; and 32.9 hours of professional services at a rate of $175 per hour, in a cumulative base amount of $5,757.50.
The lawyer also mentioned his request for an award of attorney’s fees for compensation of 4,490.2 hours of professional services, with application of a percentage-of-fund analysis, based on a percentage of 5 percent of the benefit conferred upon the class.
U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood did not rule on Johnson counsels’ petition for attorneys’ fees and costs during last month’s final fairness hearing. Instead, she directed the counsels and the CNMI government to talk about the issue before Hawaii chief bankruptcy judge Robert Faris, who conducted the settlement discussions in Johnson’s class action.
Tydingco-Gatewood said she could not understand Jorgensen’s petition for billings.
In his first petition, Jorgensen was demanding either $18.6 million, $29.6 million, or $38.9 million.
Aside from Jorgensen, Johnson’s other counsels are also requesting for attorneys’ fees and costs. Bronster Hoshibata is seeking $17.5 million; Lord is asking for either $3.6 million or $5.9 million; and Stephen Woodruff, $1.01 million.