5 and
even The World Health Organization,
6 it seems that no one is beyond of
the reach of the class action, especially in the wake of the
coronavirus pandemic. But have the plaintiffs in these cases
suffered a bona fide injury caused by the defendants
conduct?
Many contemporary class actions exhibit features of what one
legal scholar of past mass tort waves dubbed the entrepreneurial model
7 of lawyer-driven litigation. This
article examines those features and the problems they present, and
discusses how they can be leveraged in the defense of class
actions-from standing to certification to merits.
Background: The Entrepreneurial Model of Mass
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Whether you are a board member or a property manager for a
community association ( Association ), you have probably
dealt with owners that fail to pay their assessments, and whose
accounts need to be referred for collection.
In some cases, Associations or their managers may take it upon
themselves to begin the collection process, which carries with it
certain inherent risks. Most people are unaware of the
detailed state and federal laws that govern debt collections, which
are wrought with comprehensive restrictions and requirements that
Pandemic worsens already-growing debt problem with many legal remedies on hold
Images from Shutterstock.
As a business debt lawyer in New York City, Jocelyn Nager has seen an increase in not only the amount of money her clients are owed since the pandemic began, but also the sometimes-ruinous consequences that stem from not being able to collect it.
“They have become debtors themselves in many instances,” says Nager, president of Frank, Frank, Goldstein & Nager. “Suppliers are being hit very, very hard right now.”
As COVID-19 continues to cripple the economy, Nager foresees more dire straits on the horizon.
“There will be a stack of judgments against businesses that are no longer operating, and the creditors will never collect any monies that are owed to them,” she says.
Some Utah renters have had their applications rejected rejected for new apartments over eviction or debt cases that have been dismissed, abandoned or never taken to court sltrib.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sltrib.com Daily Mail and Mail on Sunday newspapers.