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The distribution of blockbuster punitive damages awards has fat tails similar to the distributions of losses from natural disasters. Extremely large awards occur more often and are more difficult to predict than if blockbuster awards were distributed normally. The size and predictability of...
Persistent link: https://www.econbiz.de/10013078700
Attorney fees fund litigation yet little is known about fees in most cases. Fee data are rarely available in the United States or in English rule, loser pays, jurisdictions. This Article analyzes fee awards in Israel, which vests judges with discretion to award fees, with loser pays operating as...
Persistent link: https://www.econbiz.de/10013062609
Persistent link: https://www.econbiz.de/10012719535
This paper assesses the widely held belief that damages for pain and suffering are random or arbitrary. We empirically analyze the differential impact of a plaintiff's personal characteristics, pain-specific circumstances and a lawsuit's procedural features on such payments. Relying on a dataset...
Persistent link: https://www.econbiz.de/10011212215
In this memorandum prepared for the Annual ABA National Institute on Class Actions, Professors Coffee and Lahav review and assess developments in class certification over recent years, and track trends in approaches to certification. Special attention is given to securities litigation, the use...
Persistent link: https://www.econbiz.de/10012947753
Spanish Abstract: Tras más de medio siglo de aplicación eminentemente pública del Derecho de la Competencia, estamos asistiendo a un impulso de la aplicación privada, que permite a los perjudicados por conductas anticompetitivas reclamar daños y perjuicios ante los tribunales civiles. Tanto...
Persistent link: https://www.econbiz.de/10012862893
In their seminal 1972 article, "Property Rules, Liability Rules, and Inalienability: One View of the Cathedral," Guido Calabresi and A. Douglas Melamed proposed an analytic framework for comparing entitlements protected by property rules and liability rules. Their article has become one of the...
Persistent link: https://www.econbiz.de/10014173756
Issues of collective redress remain amongst the most controversial in Europe. Considerations of the Directorate General for Competition (DJ Comp) and the Directorate General for Health and Consumers (DJ Sanco) to introduce new legislation aimed at facilitating the enforcement of damage claims in...
Persistent link: https://www.econbiz.de/10014175595
The EC antitrust prohibitions are regularly invoked in private litigation as a shield. Private parties also play an important role in public antitrust enforcement through complaints to the competition authorities. However, in marked contrast with the situation in the US, private actions for...
Persistent link: https://www.econbiz.de/10014198798
The U.S. Chamber of Commerce uses its Survey of State Liability to criticize judiciaries and seek legal change but no detailed evaluation of the survey’s quality exists. This article presents evidence that the survey is substantively inaccurate and methodologically flawed. It incorrectly...
Persistent link: https://www.econbiz.de/10014204151