In a new article for Law.com, Carl Pesce, Partner and chair of Thompson Coburn’s Product Liability Practice and co-chair of the Tort Litigation Practice Group, discusses the participation rate required in 3M’s recent settlement giving a clear sign that they are prepared to move on.
“Ninety-eight percent is a significant number, and it’s a signal, I take it, that they want to move on. And they’re prepared to move on provided the settlement is accepted not only by counsel representing the class, but by the class itself.”
Read the full article here.
