MIRFASIHI v. FLEET MORTG. CORP.

No. 03-1069.

356 F.3d 781 (2004)

Mav MIRFASIHI, individually and on behalf of all others similarly situated, Plaintiff-Appellee, v. FLEET MORTGAGE CORPORATION, Defendant-Appellee. Appeal of: Angela Perry and Michael E. Green, Objectors-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided January 29, 2004.


Attorney(s) appearing for the Case

Jon W. Borderud, Prongay & Borderud, Los Angeles, CA, Oren Giskan, Giskan & Solotaroff, New York, NY, for Plaintiff-Appellee.

Christina M. Tchen, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, Gary DiBianco, Skadden, Arps, Slate, Meagher & Flom, Washington, DC, for Defendant-Appellee.

James Shedden, Beeler, Schad & Diamond, Chicago, IL, John P. Zavez, Atkins, Kelston & Zavez, Boston, MA, for Objector-Appellant.

Before BAUER, POSNER, and ROVNER, Circuit Judges.


POSNER, Circuit Judge.

Class members have appealed, challenging the class-action settlement approved by the district judge. The judge ordered the challengers to post a $3.15 million appeal bond on the ground that if the settlement were delayed Fleet would lose the ability to pay the amounts that it had agreed to pay in the settlement. There was no basis for this concern, and we vacated the bond.

The suit was brought on behalf of approximately 1.6 million persons...

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