MDL Judges Must Weigh In On Fairness Of Deals, Paper Says
Law360, New York (August 29, 2016, 8:44 PM EDT) -- Judges presiding over multidistrict litigation should elicit information and provide plenty of guidance to allow parties to determine the adequacy of settlement agreements, according to a research paper posted online Friday.
Law professors Andrew D. Bradt of the University of California, Berkeley School of Law and D. Theodore Rave of the University of Houston Law Center said in their paper "The Information-Forcing Role Of The Judge In Multidistrict Litigation" that MDL settlements do not always represent the best interests of those who originally brought the class action because only a small number of lawyers are directly involved in the decision-making process....
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