Insurance
Oct. 11, 2011
The importance of insurance coverage for class actions
Don't underestimate the benefits of insurance coverage for class actions. By Dana Taschner and Kris Spriro of the Lanier Law Firm
The modern day class action is an American invention that seems to be particularly reviled by most European nations, many of which do not even provide for a special proceeding for complex class action litigation. This aversion appears to stem from the sentiment that class actions only cause businesses to suffer from having to defend and settle frivolous lawsuits, while most of the benefit of filing the class action goes to the atto...
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