Suing On Behalf Of Association Members: Beware Pitfalls
September 11, 2012, 1:25 PM EDT
Law360, New York (September 11, 2012, 1:25 PM EDT) -- If you are an in-house lawyer for a trade or professional association, you probably spend a good amount of your time counseling the association and its members on the importance of complying with government regulations, industry-specific laws, and laws of general applicability, such as the antitrust laws.
On occasion, however, the circumstances may flip, with members pushing your association to file a lawsuit on behalf of members — perhaps to challenge a government regulation or to protect members from a perceived competitive threat. How should you...