Sentences with phrase «class action litigation risks»

Insurance companies have confronted significant class action litigation risks on several fronts over the past year.

Not exact matches

These costs include bankers» and lawyers» fees, the risk of class - action litigation, the need to reveal commercially sensitive information that could benefit rivals, and the prospect of fights with corporate raiders who want juicier returns for shareholders and social activists who want executives to pay heed to their values.

Requiring this case to be litigated on an individual basis would risk disparate results in nearly identical suits and exponentially increase the cost of litigation... Class action, by contrast, would achieve economies of time and effort, resolving common legal and factual issues «without sacrificing procedural fairness or bringing about other undesirable results.»

The ruling heightens the risk, particularly for credit counseling agencies doing business in the First Circuit (encompassing Maine, Massachusetts, New Hampshire, Puerto Rico, and Rhode Island), that their activities, especially their DMPs and less - than - full balance repayment programs, may trigger coverage under CROA and give rise to class action litigation, forcing them — at great expense — to prove that they are actually operating as bona fide nonprofit organizations (in order to be exempt from CROA, particularly for what has transpired in the past), or, alternatively, to comply with CROA's requirements prospectively.

[127] Professor Piché in her text Fairness in Class Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memClass Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass members.

determining that, as a result of recent Supreme Court decisions, the litigation was now «prohibitively high - risk», but nevertheless requiring the plaintiff to incur the time, expense and exposure in proceeding with a class action that had become no longer viable.

Managing Legal Risks: Trends in Data Privacy & Security Class Action Litigation, Bryan Cave LLP Bulletin, November 2013

Managing Legal Risks: Trends in Data Privacy & Security Class Action Litigation, Bryan Cave LLP Bulletin, September 2013

We will also address the current trends in employment litigation and class actions, and discuss how employers can manage risk in the most effective way possible.

«With the risk of class action litigation on the rise, companies in all industries are looking for new and better ways to protect themselves.

Firms sought out insurance for their clients to protect them from the significant financial risks of class - action litigation.

Class action financing could encourage just the opposite — as parties try to create a «perfect storm» of class action or tort litigation to force settlement by defendants unwilling to risk a large judgment, even in a baseless Class action financing could encourage just the opposite — as parties try to create a «perfect storm» of class action or tort litigation to force settlement by defendants unwilling to risk a large judgment, even in a baseless class action or tort litigation to force settlement by defendants unwilling to risk a large judgment, even in a baseless case.

Neil brings a practical approach to dispute resolution and counseling, representing clients in a broad range of industries on key areas of litigation risk, including breaches of contract, business torts, intellectual property disputes, securities litigation, and class action defense.

Additionally, recognizing that a cyber - or privacy - related development can expand to encompass a number of other significant legal issues, our group works hand - in - glove with attorneys in our White Collar Defense, Regulatory and Investigations, Securities Litigation, Complex Commercial Litigation, Business Finance & Restructuring and Employment Litigation practices, among others, to address subsequent risks such as government or regulatory inquiries, shareholder, consumer, or employee class action litigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other thirLitigation, Complex Commercial Litigation, Business Finance & Restructuring and Employment Litigation practices, among others, to address subsequent risks such as government or regulatory inquiries, shareholder, consumer, or employee class action litigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other thirLitigation, Business Finance & Restructuring and Employment Litigation practices, among others, to address subsequent risks such as government or regulatory inquiries, shareholder, consumer, or employee class action litigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other thirLitigation practices, among others, to address subsequent risks such as government or regulatory inquiries, shareholder, consumer, or employee class action litigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other thirlitigation, trade secrets theft, funding or financial issues, and disputes with vendors, service providers and other third parties.

We have decades of experience advising clients on risk management and compliance, and defending against class action, mass tort, multidistrict litigation, and individual actions alleging toxic tort and product liability claims.

• Animal Welfare • Child Protection • Class action litigation • Construction claims • Defamation • Employment law • Environmental liability claims • First party property claims (fire, explosion, theft, vandalism, and other weather - related claims) • Human Rights • Landlord / tenant matters • Occupier liability claims • Quasi-criminal prosecutions • Special risks • Transportation matters

The firm understands the potential impacts, costs, and risks associated with class actions, and is a leader in developing legal approaches and strategies for handling class action litigation.

Class actions are a well - entrenched form of litigation in Canada, and therefore a significant business risk for Canadian and international companies doing business in Canada.

For plaintiffs, class actions are seen as a tool to increase access to justice, as the costs of litigation are shared among a larger group, and the downside risk is limited as costs in unsuccessful cases are often underwritten by the plaintiffs» law firm or a third party fund.

Peggy has a concentration in advising clients with respect to data security and privacy risks, consumer class action litigation, intellectual property disputes and media / social media issues.

In its defence of two actions against Imperial Tobacco, one being litigation by British Columbia for health care costs incurred by BC to treat illnesses caused by tobacco usage, and the second being a claim by class members who bought «light» or «mild» cigarettes, Imperial Tobacco sought to add Canada as a third party, based on statements Canada made to tobacco companies and the public about the purportedly lesser risk of «light» reduced - tar cigarettes as compared with normal cigarettes.

This report provides best practices in reducing cost and managing risk in class action litigation based on interviews with more than 350 corporate legal departments.

Our litigation work includes defending Federal Trade Commission (FTC) advertising complaints, enforcement actions and prosecutions, IP matters, consumer class actions and products liability matters, as well as counseling on risk management and litigation avoidance.