Mediation And The Thorny Issue Of Settlement Authority

Law360, New York (March 30, 2015, 11:31 AM EDT) -- In today's increasingly competitive corporate world, litigation is inevitable. Corporations are regularly confronted with lawsuits both big and small that, individually or collectively, can materially impact a company's bottom line. Corporate officers and directors must assess when and at what price it is in the corporation's best interest to settle a case versus taking it to trial and beyond. For large cases, these decisions require careful consideration of myriad factors before charting a course of action....

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