LAW 122 Lecture Notes - Lecture 1: Neutral Party, Breast Implant, Bank Regulation
25 Feb 2020
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Document Summary
Chapter 2 litigation and alternative dispute resolution. Litigation = is the system of resolving disputes in court. Resulting in just suing the individual members of these organizations. Class actions: a class action = allows a single person, or a small group of people, to sue on behalf of a larger group of claimants (claimants a person making a claim). Its essentially allowing small individuals to take on large organizations: class actions can save society money b/c court time is expensive. Class action claims (some situations in which class actions are used): product liability (ex. Prescription drugs that have disastrous side effects: mass torts (ex. Contaminated water that affects an entire town: workplace discrimination (ex. A corporation pays female employees less than males: clubs and churches (ex. Sexual abuse of children by clergy: banking law (ex. Price fixing amongst companies that sell similar products: company law (ex. Misleading information that attracts investors: securities law (ex.
