Law, Strategy, and Risk in Commercial Disputes
Blawgletter has noted concerns about awarding money from class action judgments and settlements to non-class members by way of "cy pres" awards. See "Does Cy Pres Have a Prayer?". These payments aim to do the next best thing to paying the funds to the members of the class.
Such efforts become necessary fairly…
Although Abbey and Kirby were no doubt on the stingy side when it came to compensating their brethren, we have not been convinced that the District Court abused its discretion in approving class counsel's allocation.
Victor v. Argent Classic Convertible Arbitrage Fund L.P. (In re Adelphia Communications Corp. Securities & Derivative Litig.), No. 08-4904-cv…
The Supreme Court of Texas today upheld the right to appeal from an order that vacates an arbitration award under the Texas Arbitration Act and directs a rehearing with a different arbitrator.
The Court relied on TAA's provision that "[a] party may appeal a judgment or decree entered under this chapter or an order . . .