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October 16, 2008

A new era of credit market Mega-Litigation?

According to Lord Falconer, the UK's former Lord Chancellor (the current one is Jack Straw), a kind of "mega-litigation" born of the global credit crisis is coming to a forum near you. Last month in London, following the Lehman Brothers bankruptcy filing, Falconer said before the Legal Week Litigation Forum: “There is going to be litigation on a scale that we have not seen before.” Resist the urge to salivate but do see Justin Patten's Human Mediation.

Posted by Holden Oliver (Kitzbühel Desk) at October 16, 2008 03:46 PM

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