The cy pres doctrine has become a hot topic in class action circles in recent years. For those not familiar with the concept as used in the class action context, cy pres awards are awards to third parties, typically charities, of unclaimed settlement funds or unclaimed portions of class action judgments. (See this August 11, 2008 CAB entry discussing cy pres). In an intriguing [...]
Archive for October 11th, 2009
What Should We Do With Unclaimed Class Action Funds, Pres Tell?
Posted in Articles, Class Action Trends, tagged award to charity, class action charity, class action judgment, class action settlement, cy pres, Martin H. Redish on October 11, 2009 | 4 Comments »
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