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Recently in Essex Insurance Company v. Heck [(2010) 186 Cal.App.4th 1513] a California
Court of Appeal had occasion to review the circumstances under which a
statutory offer to compromise under California Code of Civil Procedure section
998 will be deemed reasonable. Section 998 provides that a written settlement
offer to allow judgment to be entered against the offeror, which contains the
terms and condition of the judgment, can be...
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Many people assume that class actions are difficult claims to pursue and that it is the job of the client to corral large groups of people together to pursue these claims. Nothing could be father from the truth. In reality a client comes into a lawyer’s office who may have been harmed by their employer or by a product but their claim is not for a large amount of money. These are the times that class actions are perfect. While the lawyer perhaps could not... Read More
Luxembourg’s fund industry is keenly awaiting the outcome of negotiations between the European Union’s legislative institutions on the final form of the proposed Directive on Alternative Investment Fund Managers. Finalisation of the directive could open up new opportunities for Luxembourg as a domicile and servicing centre for alternative funds, but the EU has been slow to reach agreement on a number of outstanding issues, notably the treatment under the directive of managers... Read More
