The Risk Finance of Class Action Settlement Pressure
Abstract
Most high‐stakes litigation settles prior to the trial verdict being achieved. This apparent class action settlement pressure raises an interesting risk finance question addressed by the authors in this article. The article describes the basic law and economics of settlement risk within the context of potential and limitations of insurance and capital markets solutions.
Citation
HEATON, J.B. (2003), "The Risk Finance of Class Action Settlement Pressure", Journal of Risk Finance, Vol. 4 No. 3, pp. 75-81. https://doi.org/10.1108/eb022967
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited