California High Court Narrows Unfair Competition Standing

Law360, New York (August 17, 2006, 12:00 AM EDT) -- A recent ruling by the California Supreme Court may clarify the scope of legislation passed to curb potential abuses of California’s Unfair Competition Law.

A recent California Supreme Court ruling said the tighter guidelines meant to curb abuses of the law do apply retroactively to cases. However, it also threw plaintiffs a potential lifeline.

The state’s Unfair Competition Law, enacted in 1993, prohibits “unlawful, fraudulent, and unfair” business practices. Until recently, it allowed private litigants to file suit on behalf of the general public regardless of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.