For instance, Beverly Enterprises, which also had a history of regulatory problems, sold Habana and the rest of its Florida centers to Formation because, it said at the time, of rising litigation costs.
TI Ireland's chief executive John Devitt said at the time: "The use of litigation and legal threats denies journalists and editors the human right to freely report and comment on matters of public importance.
"This agreement, if approved, avoids the time and cost of litigation and allows the city to continue its focus to ensure constitutional policing and court practices, and thus provides these benefits to the citizens of Ferguson," the statement said.
They are like nuclear weapons in an arms race, in that companies use them to hold competitors back or to extort license fees from companies that can't afford the time and cost of litigation.
It wasn't the only time the question of litigation involving a sitting president arose during the hearing.
Given the cost, time, and uncertainty of litigation, many issues arising within the artist-label, athlete-league, actor-studio, and author-publisher relationship are best addressed using alternative dispute resolution ("ADR") approaches.
"This type of litigation is novel".
Indeed, securities cases are especially susceptible to the most costly and time-consuming aspects of litigation, and an investor is usually up against a big corporation that can afford (and will not hesitate) to drive up the costs and delay everything with legal maneuvers and excessive amounts of paperwork.
It also avoids the time, expense and inefficiencies of litigation, and dispenses with the need to prove fault.
"I spent most of my time dealing with issues of litigation, issues of law and issues of paper," said Dr. Rotter.
