Law, Strategy, and Risk in Commercial Disputes
Seventh Circuit Judge Richard Posner likes to riff on things that tickle his fancy. He does it a lot in his legal writing, of which he does a great deal. Just this week he wrote about how to tell if you should take an offer to settle:
Determining the reasonableness of a settlement requires comparing…
The Seventh Circuit struck a blow last month for certifying securities fraud cases as class actions — and against the Fifth Circuit's attempt, the panel believed, "to 'tighten the requirements' for class certification" in such cases.
The court held the district court did right by rejecting the defendants' "arguments that if accepted would end the use…