Case Studies of Mass Tort Limited Fund Class Action Settlements and Bankruptcy Reorganizations

Download or read book Case Studies of Mass Tort Limited Fund Class Action Settlements and Bankruptcy Reorganizations written by S. Elizabeth Gibson and published by . This book was released on 2002-04-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines three limited fund class action settlements of mass tort claims (including one settlement attempt that was abandoned in favor of bankruptcy) and four bankruptcy reorganizations precipitated by mass tort litigation. Each case is unique in the circumstances that precipitated it and the dynamics of its proceedings. Despite those differences, an examination of the class action settlements as a group in contrast to the bankruptcy reorganizations that were studied allows some comparisons about the fairness and effectiveness of these two means of achieving global resolutions of mass tort liabilities.