Ross Weiner of Certum Group. Courtesy photo Claims-Made Settlements Are More Common Than You Think
Class action lawsuits are usually resolved with one of two settlement structures: a common-fund settlement or a claims-made settlement. A simple way to think about the difference between the two is that the former is for a fixed amount while the cost of the latter is variable.
February 28, 2023 at 12:09 PM
7 minute read
Board of Contributors
Class action lawsuits are usually resolved with one of two settlement structures: a common-fund settlement or a claims-made settlement. A simple way to think about the difference between the two is that the former is for a fixed amount while the cost of the latter is variable.
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