kaal:claim:2029983-020

The WCAM's requirement that a court evaluate procedural and substantive fairness and the efficiency of the settlement lets the Dutch system avoid blackmail settlements, where a defendant pays simply to escape endless proceedings and reputational loss.

Source quote, verbatim

The WCAM, thus, avoids black- mail settlements in which a defendant offers a payment to get out of a class action to avoid the prospect of endless proceedings

From

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012), II.B.1. The Dutch Act on the Collective Settlement of Mass Claims, p. 36
https://ssrn.com/abstract=2029983 · source PDF

Cite as

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983

Holds when

Dutch collective settlements certified by the Amsterdam Court of Appeal

Classification

mechanismsupport: arguedinstitutional-design

Verify

The quote above is an exact substring of the source PDF, whose sha256 is fde2ff611420eb283cbb49a6b681a2ae8efa2b4603ae71480e2d91483f0295f2. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/51dd13f23e4dcb8d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2029983-020.md | sha256sum