In this CLE program we will discuss:
• The differences between claims-made settlements and common-fund settlements
• The risks and rewards of claims-made settlements and their increasing prevalence in consumer class actions
Case Studies:
• Reviewing novel claims-made structures that parties have implemented and courts have approved
• The benefits of capping the downside risk by leveraging class action settlement insurance (CASI)
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This program provides attorneys with a foundational understanding of derivatives and their role in m...