Professor Howard Erichson was quoted in a Wall Street Journal article regarding a major set back in the tentative $44 million settlement for the sexual-misconduct lawsuits pending against Harvey Weinstein.
After lawyers in May reached a tentative $44 million deal to settle all sexual-misconduct lawsuits pending against ex-Hollywood producer Harvey Weinstein, two alleged victims said they wanted out, appearing to scuttle an agreement roughly a year in the making.
…The proposed agreement to address these two women—who could still reverse course before the deal is completed—illustrates the difficulty of reaching what are known as global settlements, where plaintiffs with different priorities are forced together and defendants typically don’t find it worthwhile to settle unless all the plaintiffs join.
“The defendants and their insurers don’t want to put money on the table unless they are going to get peace,” said Howard Erichson, a professor at Fordham University’s School of Law.