LAW 122 Lecture Notes - Lecture 2: Alternative Dispute Resolution, Small Claims Court, Class Action
6 Mar 2017
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We may define litigation as dispute resolution in court risks of litigation: unpredictable, expensive time consuming frequently fatal to business relationships litigation is rare, very few cases are actually decided by judges in court. Class action: allows a single person, or a small group of people, to sue on behalf of a larger group of complaints. Business law (price fixing amongst companies that sell similar products) company law (misleading info that attracts investors) securities law (insider trading that hurts shareholders) Legal representation: self representation, you have the right to represent yourself. Pleadings are documents that identify and clarify the dispute. Examination for discorvery: a process in which the parties ask each other questions to obtain information about their case. Settlement: occurs when the parties agree to resolve their dispute put of court. Pre-trial conference: a meeting that occurs between the parties and a judge. Mediation: a process in which a neutral person (mediator) helps the parties reach an agreement.
