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Full-Text Articles in Law
Cooperation-What Is It And Why Do It?, David J. Waxse
Cooperation-What Is It And Why Do It?, David J. Waxse
Richmond Journal of Law & Technology
Litigation is a method of resolving disputes that is too costly and time consuming for most parties involved. As a Federal Magistrate Judge involved in case management on a day-to-day basis, I often see evidence of this. I also participated in the 2010 Conference on Civil Litigation held at Duke Law School and sponsored by the Federal Judicial Conference Standing Committee on Rules of Practice and Procedure. The conference explored “the current costs of civil litigation in Federal Court, particularly discovery, and discuss[ed] possible solutions.” As part of the conference, the Federal Judicial Center presented4its research findings on its study …
Counsel Fees In Stockholders' Derivative And Class Actions-Hornstein Revisited, Douglas G. Cole
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 …