settlement class

Numerous similarly situated people for whom a claimant’s representative and an adversary propose a contract specifying the payment terms for the class members’ claims in exchange for the release of all claims against the adversary.

• During the 1980s and 1990s, mass-tort defendants began using settlement classes as a means of foreclosing claims by some unknown number of existing and future claimants. See, e.g., Amchem Prods., Inc. v. Windsor, 521 U.S. 591, 117 S.Ct. 2231 (1997).

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词条贡献者

专业法律翻译郭敏，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与复杂保险交易有关的法律文件。