The law firm as an investment bank in class actions

• Autores: Jürgen Backhaus
• Localización: European journal of law and economics, ISSN 0929-1261, Vol. 32, Nº 2, 2011, págs. 225-228
• Idioma: inglés
• DOI: 10.1007/s10657-011-9234-y
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• Resumen

  • Class action finance raises substantial principal agency problems between plaintiffs and lawyers, which limit the extent to which the class action can be used as an instrument to overcome market failure.