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Area of Law: | Litigation Practice & Procedure, Litigation Practice and Procedure |
Keywords: | ; Class Settlement; Abuse of Discretion; Fairness: Approval; Reject |
Jurisdiction: | Illinois |
Cited Cases: | 75 F.3d 1191; 598 F.3d 581; 391 F.3d 516 |
Cited Statutes: | None |
Date: | 03/01/2016 |
There exists a strong public policy in favor of settlement and the avoidance of costly and time-consuming litigation. Security Pacific Financial Services v. Jefferson, 259 Ill.App.3d 914, 919 (1994). A circuit court’s approval of the class settlement is reviewed for an abuse of discretion. Steinberg v. System Software Associates, Inc., 306 Ill.App.3d 157, 169 (1999). A reviewing court should not overturn the circuit court’s approval of a class settlement unless, taken as a whole, the settlement appears on its face so unfair as to preclude judicial approval. City of Chicago v. Korshak, 206 Ill.App.3d 968, 972 (1990). The standard used in evaluating a class settlement is whether the settlement was fair, reasonable, and adequate. Steinberg, 306 Ill.App.3d at 169.
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