Class Action Lawsuits and Lawyers

Defining the Costs of Tort Liability The most easily measured "costs" of the liability system are its direct costs--that is, those incurred by plaintiffs, defendants, and their insurance companies in litigating and settling specific claims, as well as the court costs that are ultimately paid by taxpayers. For the purposes of policy analysis, however, that measure of costs is too large in one respect and too small in another. It is too large in that some direct "costs" merely shift money from injurers to victims and thus are not true costs to society as a whole. In economic terms, payments that do not involve any use of resources to produce goods or services are called "transfer payments.
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ClassActionLawsuit.org Kahn Gauthier Law Group - Case Information ...

New York Life · WORLDCOM ... (3) the court finds that the questions of Law or fact common to the members of the Class predominate over any questions ... www.classactionamerica.com/affiliates/ gm/classactionlawsuit.asp?lngCaseID=4290 - 69k - Supplemental Result -
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