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I will assume that your question refers to damages caused to a "small property owner" by a multinational corporation. There are a few alternatives: 1) When la
by nickff 12y ago
I will assume that your question refers to damages caused to a "small property owner" by a multinational corporation.
There are a few alternatives:
1) When large corporations do anything, it is usually on a grand scale, so it is likely that the "small property owner" can find a number of neighbours similarly affected, and join in a class-action lawsuit, to defray the costs.
2) If the "small property owner" is very sure of victory in the courts, they can take out a loan, to finance their legal costs, which they may be able to recover from the respondent at a later date.
3) The "small property owner" may find a lawyer willing to do the work pro-bono, or on a contingency basis.
4) Some "small property owner[s]" may represent themselves in court; this is not as uncommon as some think, and many people present their case well without a credential-ed lawyer.
The most likely outcome is a settlement in any case, as no corporation wishes to gain a reputation that it is unwilling to clean up its own mess, and a drawn-out court battle would not be very productive.
- deleted 12y ago[deleted]
- warfangle 12y agohttp://en.wikipedia.org/wiki/Market_failure http://en.wikipedia.org/wiki/Market_failure When private costs (potential liability of losing a lawsuit in re pollution) are lower than the cost of negative externalities (disease, cancer, obliterated ecosystems), you have a classic market failure. You can make lawsuits easier to win or you can impose artificial limits on the private entities impacted. I'd prefer the one that leads to less lawyers.