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  2. Judicial economy - Wikipedia

    en.wikipedia.org/wiki/Judicial_economy

    Class action lawsuits are another example of judicial economy in action, as they are often tried as a single case, yet involve many cases with similar facts. [4] Rather than trying each case individually, which would unduly burden the judicial system, the cases can be consolidated into a class action.

  3. English rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/English_rule_(attorney's_fees)

    The rationale for the English rule is that a litigant (whether bringing a claim or defending a claim) is entitled to legal representation and, if successful, should not be left out of pocket by reason of their own legal fees. It should be borne in mind that, in virtually all English civil litigation, damages are merely compensatory.

  4. Prejudice (legal term) - Wikipedia

    en.wikipedia.org/wiki/Prejudice_(legal_term)

    Within legal civil procedure, prejudice is a loss or injury, and refers specifically to a formal determination against a claimed legal right or cause of action. [4] Thus, in a civil case, dismissal without prejudice is a dismissal that allows for re-filing of the case in the future.

  5. Market failure - Wikipedia

    en.wikipedia.org/wiki/Market_failure

    Different economists have different views about what events are the sources of market failure. Mainstream economic analysis widely accepts that a market failure (relative to Pareto efficiency) can occur for three main reasons: if the market is "monopolised" or a small group of businesses hold significant market power, if production of the good or service results in an externality (external ...

  6. A federal judge dismissed a lawsuit against Uniswap. What ...

    www.aol.com/finance/federal-judge-dismissed...

    She dismissed the lawsuit, adding that the plaintiff’s claims were akin to “attempting to hold an application like Venmo or Zelle liable for a drug deal that used the platform to facilitate a ...

  7. The accounting crisis everybody seems to ignore, and the ...

    www.aol.com/finance/accounting-crisis-everybody...

    For decades, observers have dismissed the PCAOB as inept; it’s been plagued by scandals and accusations that it’s been too deferential to the accounting firms it’s supposed to be policing.

  8. Removal jurisdiction - Wikipedia

    en.wikipedia.org/wiki/Removal_jurisdiction

    When defendants want to remove, they ordinarily must do so within 30 days of receiving the complaint, "through service or otherwise", under 28 U.S.C. § 1446(b). An exception applies if diversity jurisdiction, and thus removal jurisdiction, is lacking at the time of the initial pleading in state court, but becomes available within a year after ...

  9. Apple says US antitrust lawsuit should be dismissed - AOL

    www.aol.com/news/apple-says-us-antitrust-lawsuit...

    Apple said the complaint should be dismissed on a number of grounds. In the letter to the judge, Apple argues that the DOJ relies on a new "theory of antitrust liability that no court has recognized."