In class actions, the cy pres doctrine, also known as "fluid recovery," is an equitable doctrine that is utilized "to ensure that the policies of disgorgement or deterrence are realized." State of California v. Levi Strauss & Co., 41 Cal. 3d 460 (1986).
The objective of this article and self-study test is to familiarize readers with the cy pres doctrine. Readers will learn about the origin and purpose of this doctrine, the California statute, state and federal law, and how ...
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