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litigation risk measure: federal judge ideology. We find that judge ideology complements existing measures of litigation risk … judge ideology on litigation risk is greater for firms with more sophisticated shareholders and with higher expected … based on industry membership and firm characteristics. Firms in liberal circuits (the third quartile in ideology) are 33 …
Persistent link: https://www.econbiz.de/10012899443
Multi-party litigation refers to different legal mechanisms that facilitate groups of litigants with similar causes of action to bring consolidated legal claims to court. The rise of collective action regimes around the world reflects a trend in civil litigation which offers an alternative to...
Persistent link: https://www.econbiz.de/10014264232
This paper examines the effect of judicial ideology on the selection and outcome of telecommunications regulatory cases … ideology on case selection is larger than the effect of judicial ideology on case outcomes. Finally, the paper provides initial …
Persistent link: https://www.econbiz.de/10014066006
Persistent link: https://www.econbiz.de/10013033578
The aim of this study is to elucidate whether arbitration offers advantages compared to the patent litigation system which is currently existing in Germany. To answer this question three essential characteristics of the current German patent litigation system are presented, i.e. the economic...
Persistent link: https://www.econbiz.de/10014360286
Litigation finance refers to investments in litigation by a third person not originally a party to the suit. Whether the country should embrace this new practice has sparked debate among the bar, on the Hill, in the press, and between scholars. We disagree with the premise of this debate;...
Persistent link: https://www.econbiz.de/10012865270
This article concerns the recent case of Georges v United Nations, which constitutes, to date, the most elaborate public law challenge to the principle of UN immunity from suit and private law attempt at procuring compensation from the UN for alleged malfeasance. Despite the fact that it relates...
Persistent link: https://www.econbiz.de/10014344204
liability in such cases of “intraportfolio litigation.” Although corporae managers are typically rewarded for maximizing firm …
Persistent link: https://www.econbiz.de/10014185555
Persistent link: https://www.econbiz.de/10013032294
The appellate review system is intended to serve as an efficient remedy for imperfect judicial decision making. However, it can fulfill this task only when appeals are filed solely due to bad verdicts and are ex-ante unpredictable based on factors that are exogenous to the judge. Using data from...
Persistent link: https://www.econbiz.de/10010489300