Daniel Hume (admitted pro hac vice) - Green Patent Blog
Daniel Hume (admitted pro hac vice) - Green Patent Blog
Daniel Hume (admitted pro hac vice) - Green Patent Blog
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Case 2:05-ml-01671-CAS-VBK Document 261 Filed 08/14/2008 Page 2 of 7<br />
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THE COURT HEREBY MAKES THE FOLLOWING<br />
DETERMINATIONS AND ORDERS:<br />
1. This Order incorporates by reference the definitions in the Stipulation,<br />
and all terms defined therein shall have the same meaning in this Order as set forth<br />
in the Stipulation.<br />
2. The Court finds on a preliminary basis that the Stipulation of<br />
Settlement filed and incorporated herein by this reference and made a part of this<br />
Order of Preliminary Ap<strong>pro</strong>val, appears to be within the range of reasonableness of<br />
a settlement which could ultimately be given final ap<strong>pro</strong>val by this Court; it further<br />
appears to the Court on a preliminary basis, that the Settlement amount is fair and<br />
reasonable to Class Members when balanced against the <strong>pro</strong>bable outcome of<br />
further litigation relating to liability and damages issues and potential appeals of<br />
rulings; it further appears that significant discovery, investigation, research, and<br />
litigation has been conducted such that counsel for the parties at this time are able<br />
to reasonably evaluate their respective positions; it further appears that settlement<br />
at this time will avoid substantial costs, delay and risks that would be presented by<br />
the further <strong>pro</strong>secution of the litigation; it further appears that the <strong>pro</strong>posed<br />
Settlement has been reached as a result of intensive, serious and non-collusive<br />
negotiations between the parties. Accordingly, good cause appearing, the Motion<br />
For Preliminary Ap<strong>pro</strong>val Of Settlement is hereby GRANTED.<br />
3. Consistent with the Court’s Order of March 27, 2007 and the<br />
definitions <strong>pro</strong>vided in the Stipulation Of Settlement, the term “Class” means: “All<br />
consumers who purchased CARB-Compliant summertime reformulated gasoline in<br />
the State of California at any time during the period from January 1995 to and<br />
including August 11, 2005. Excluded from the class are governmental entities,<br />
defendants, their [alleged] co-conspirators, along with all of their respective<br />
parents, subsidiaries, and/or affiliates, and any and all judges and justices assigned<br />
[PROPOSED] ORDER OF PRELIMINARY APPROVAL OF CLASS ACTION SETTLEMENT AND<br />
DIRECTING DISSEMINATION OF NOTICE TO THE CLASS<br />
MDL CASE NO. 05-1671 CAS (VBKX)<br />
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