Detail The Use of "Most-Favored-Nation" Clauses in Settlement of Litigation   Oleh:  Spier, Kathryn E. Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 34 no. 1 (2003), page 78-95. Topik: litigation; most - favored nation; settlement; litigation Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Many settlement contracts in litigation involving multiple plaintiffs (or multiple defendants) include "most - favored - nation" (MFN) clauses. If an early settlement includes an MFN and the defendant settles later with another plaintiff for more money, the early settlers receive these terms too. If the defendant knows the aggregate distribution of expected awards but cannot discriminate among the privately informed plaintiffs, then MFNs avoid costly delay. Plaintiffs with weak cases settle early rather than on the courthouse steps. The effects of MFN s on the settlement terms, plaintiffs' welfare, litigation rates, and the defendant's ex ante incentives are considered and alternative explanations are explored. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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