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    • Exploiting Plaintiffs Through Settlement: Divide and Conquer 

      Che, Yeon-Koo; Spier, Kathryn E. (Mohr, 2008)
      This paper considers settlement negotiations between a single defendant and N plaintiffs when there are Fixed costs of litigation. When making simultaneous take-it-or-leave-it offers to the plaintiffs, the defendant adopts ...
    • Strategic Judgment Proofing 

      Che, Yeon-Koo; Spier, Kathryn E. (RAND, 2008)
      A liquidity-constrained entrepreneur raises capital to finance a business activity that may harm bystanders. The entrepreneur raises senior (secured) debt to shield assets from the tort victims in bankruptcy. For a fixed ...