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common fund doctrine

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 283 U.S. 738 - United States v. Equitable Trust Co. · 1931Most cited · 217 citing opinions

a trust fund which has been recovered or preserved through their intervention may be charged with the costs and expenses, including reasonable attorney's fees, incurred in that behalf; and this rule is deemed specially applicable where the fund belongs to an infant or incompetent who is represented in the litigation by a next friend