LES and the Coase-Sandor Institute Present: "Mass Compensation Events" with Professors Eric Helland and William Hubbard
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2023-02-07 12:15:00
2023-02-07 13:20:00
LES and the Coase-Sandor Institute Present: "Mass Compensation Events" with Professors Eric Helland and William Hubbard
Event details: https://www.law.uchicago.edu/events/les-and-coase-sandor-institute-present-mass-compensation-events-professors-eric-helland-and
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University of Chicago Law School
blog@law.uchicago.edu
America/Chicago
public
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Room D
1111 East 60th Street, Chicago, Illinois 60637
Room D
1111 East 60th Street, Chicago, Illinois 60637
Open to the Law School community
Professor Helland and Professor Hubbard will discuss what the insurance industry calls “mass compensation events”—everything from the opioid crisis to the BP oil spill. They will analyze the tradeoffs between using a class action, a multidistrict litigation (MDL), a no-fault system, or private compensation funds (similar to the 9-11 victims' compensation fund). Then, they will connect it to some of the lessons we can learn from products liability litigation.
Lunch will be provided!