Law, Strategy, and Risk in Commercial Disputes
Say you write a press release. It says your firm just won a beauty contest. It claims you expect the contract to increase the firm's net income by X percent.
But your note to the fourth estate doesn't mention that the deal will raise firm costs by an Awful Lot. So much in fact that…
California law favors class actions. So much so that Golden State courts have struck down class-action bans that show up in consumer contracts whether they apply to lawsuits, Discover Bank v. Superior Court of Los Angeles, 113 P.2d 1100 (Cal. 2005), or arbitration cases, America Online v. Superior Court, 108 Cal. Rptr. 2d 699…