MARS STEEL v. CONTINENTAL ILL. NAT. BANK & TRUST

No. 86-3022.

834 F.2d 677 (1987)

MARS STEEL CORPORATION, individually and as a representative of a class of similarly situated persons, Plaintiffs-Appellees, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Defendant-Appellee. Appeal of William J. TUNNEY.

United States Court of Appeals, Seventh Circuit.

Decided December 2, 1987.


Attorney(s) appearing for the Case

Peter B. Carey, Joyce & Kubasiak, P.C., Chicago, Ill., for defendant-appellee.

Howard J. Roin, Mayer, Brown & Platt, Jerome H. Torshen, Jerome H. Torshen, Ltd., Chicago, Ill., for plaintiffs-appellees.

Before CUDAHY, POSNER, and KANNE, Circuit Judges.


POSNER, Circuit Judge.

Class actions differ from ordinary lawsuits in that the lawyers for the class, rather than the clients, have all the initiative and are close to being the real parties in interest. This fundamental departure from the traditional pattern in Anglo-American litigation generates a host of problems well illustrated by this appeal, which challenges the settlement in a class action.

In 1983, the Chicago law firm of Joyce and Kubasiak filed...

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