What is a class action strategy?
Class actions involve decisions on strategy at every turn. The positions of the parties are constantly changing and counsel must always be looking ahead and, at the same time, carefully watching their flank. This book helps all practitioners and parties identify, analyze and answer key strategy questions.
Who is the author of the Class Action Strategy & Practice Guide?
Fabrice N. Vincent, Partner Lieff Cabraser Heimann & Bernstein. A fabulous new text, the Class Action Strategy & Practice Guide, edited by Gregory Cook and Jocelyn Larkin and published by the American Bar Association is a must have for class action litigators and for in-house counsel alike.
What is a class action lawyer?
Attorneys representing classes are in a position to control the litiga-tion process far more than attorneys representing individual clients.The class action device enhances the role of such lawyers by virtueof the fact that even the approved class representatives do not havelegal control over the litigation.
How does a class action reduce the value of a settlement?
Restrictions on claims/reversion of unclaimed funds to defendantsLimits on the amount of recovery per claimant, strict eligibility cri-teria for claimants, or other procedural or substantive obstacles tohonoring claims from class members may have the effect of reduc-ing the apparent value of a settlement.
The Preexistence Principle and the Structure of the Class Action