Common-Character Requirement Law and Legal Definition
Common-character requirement is a general rule requiring a group of persons to qualify as a class in a class-action law suit. The common-character requirement promotes uniformity of decision for persons sharing common questions of fact and law.
Common-character requirement allows those class actions to be certified in cases where the following are achieved :
1.Economy of time ;
2.Economy of effort ;
3.Economy of expense.
In Andry v. Murphy Oil, U.S.A., 710 So. 2d 1126 (La.App. 4 Cir. Apr. 8, 1998), it was held that the party seeking to certify the class must establish that questions of law or fact which is common to the members of the class. The common questions of law or fact should also predominate over any questions affecting individual members.
Legal Definition list
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- Capital Requirement(Banking)
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