Global Convergence in Settlements (the Class Action Kind!)
My brilliant St. John's colleague Adam Zimmerman recently posted his thoughts on global trends in the area of mass settlements at Prawfsblawg. He argues that American-style "bottom up" approaches to class actions has been converging with the "top down" approach prevalent in Europe and other jurisdictions. Questions about how to compensate large groups of claimants (e.g., victims of the BP...