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- Title
Distribution of Funds in Class Actions--Claims Administration.
- Authors
McGovern, Francis E.
- Abstract
The article discusses the legal aspects of the distribution of funds in class actions in the U.S. It presents several alternative approaches for coping with the mismatch dilemma that are to be considered for the incorporation in future distributions. It cites several case studies related to securities and non-securities and discusses approaches that claims administrators, lawyers and courts might take actions to improve the status of securities.
- Subjects
UNITED States; CLASS actions; LEGAL claims; SECURITIES; CITIZEN suits (Civil procedure); ACTIONS &; defenses (Administrative law); COMPLEX litigation
- Publication
Journal of Corporation Law, 2009, Vol 35, Issue 1, p123
- ISSN
0360-795X
- Publication type
Article