What is Ransom Factor?
1.
The tendency for one party in a civil case to settle out of court to avoid the potentially high cost of fighting the case.
Newspaper publishers, when faced with a potential libel case, often try to settle out of court by paying a ransom factor rather than take their chances with a jury trial.
1.
The tendency for one party in a civil case to settle out of court to avoid the potentially high cost of fighting the case.
Newspaper publishers, when faced with a potential libel case, often try to settle out of court by paying a ransom factor rather than take their chances with a jury trial.
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