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December 9, 2009
"$60 million from unclaimed lawsuit funds could go to Ohio charities"
An earlier proposal from Ohio Gov. Ted Strickland would have grabbed cy pres class action leftovers for the benefit of legal aid. [Dayton Daily News] Relatedly on leftover lawsuit slush funds: "Northwestern Law Study Takes Aim At 'Faux Class Actions'" [WSJ Law Blog]; Paul Karlsgodt and more; "Cy Pres? No Way!" (Drug and Device Law); chewing tobacco settlement results in cy pres bonanza for nonprofit legal aid groups [The Recorder].
Posted by Walter Olson at 12:23 AM
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