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Full-Text Articles in Law

Counsel Fees In Stockholders' Derivative And Class Actions-Hornstein Revisited, Douglas G. Cole Jan 1972

Counsel Fees In Stockholders' Derivative And Class Actions-Hornstein Revisited, Douglas G. Cole

University of Richmond Law Review

In 1939, the first in a series of four comprehensive law review articles by Professor George D. Hornstein was published on the subject of the award of counsel fees in stockholders' derivative suits and corporate class actions. These articles highlighted equitable principles peculiar to such actions, previously not fully understood by either attorneys or the courts, which have made derivative and class actions extremely effective weapons in the battle for corporate democracy. Three very basic questions were posed and answered: 1) Who will pay for the attorneys fees and expenses incurred in such litigation? 2) What factors govern the award …


Recovery For Wrongful Death In Virginia: The Effect Of "Dependency" And "Pecuniary Loss" Jan 1972

Recovery For Wrongful Death In Virginia: The Effect Of "Dependency" And "Pecuniary Loss"

University of Richmond Law Review

In 1968, substantial changes occurred m the statute allowing recovery for wrongful death in Virginia. The General Assembly established "dependents" as a new class of persons, entitled to recover up to a maximum of $50,000 in proportion to their "pecuniary loss." The statute also designates a class of persons as beneficiaries and allows them to recover an additional $25,000 for solace. Thus, the total amount potentially available to persons who qualify as both a dependent and a statutory beneficiary is $75,000.


Interspousal Immunity-Automobile Negligence Jan 1972

Interspousal Immunity-Automobile Negligence

University of Richmond Law Review

At common law neither spouse could maintain an action against the other. With the passage of the Married Woman's Acts in the mid-nineteenth century it was agreed that a cause of action would then lie for property torts, but there was confusion as to whether the statutes gave a new cause of action for personal torts between the spouses. It therefore became a question of statutory interpretation, with the terminology of most of the statutes being consistent with either conclusion. The first courts to interpret the statutes held that no cause of action had been conferred and thereby laid the …


Some Problems Of Consumer Class Actions, John Krahmer Jan 1972

Some Problems Of Consumer Class Actions, John Krahmer

University of Richmond Law Review

As a procedural device the class action has a respectably long history and, from its beginnings, has been recognized as an action founded at least as much upon convenience as upon legal theory. Interestingly enough, it was the insistence of the early equity courts on the convenient administration of justice that led to the general rule requiring all parties interested in the subject matter of a suit to be joined before the suit could go forward, and this rule presented the first barrier to the maintenance of a class suit. As Professor Chafee has pointed out, the early judges, concerned …