Law Practice
Aug. 23, 2014
Avoiding class settlement nightmares
Civil attorneys are accustomed to controlling all aspects of their settlement. But the reverse is true when it comes to class action settlements. Here are the red flag areas to focus on. By Nancy Wieben Stock and Peter D. Lichtman
Attorneys who practice in the civil arena are accustomed to controlling all aspects of their settlement. Specifically, the timing, the terms, the scope of the release and the dismissal are almost always well within the control of defense and plaintiffs' counsel. The reverse is true when it comes to class action settlements. The attorneys control virtually nothing and the usual practice of waltzing into a judge'...
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