S/W of class actions Flashcards

1
Q

Strengths

A

*Group members not responsible for costs
*Efficiency in dealing with many claims
*Smaller claims can be pursued
*Use of litigation funders and plaintiff law firms
*Reduce costs for defendants
*More convenient may to pursue claims for groups members

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2
Q

Weaknesses

A

*large costs burden on lead plaintiff
*Takes up court resources and time
*Could be taken advantage of
*litigation funders can take a large portion of settlement
*

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