Week 6 – March 2, 2020
Negotiation
Syllabus: The Role of the State Attorney General
This week, we put to use the information we have learned so far about Attorneys’ General, multistate litigation, and outside counsel by engaging in a mock negotiation between a bank (along with its insurer) on the one hand, and the States (along with outside counsel), on the other hand. The problem is posted below, along with the character assignments. Each student also will be given secret, personal instructions the week before the exercise that you may share, or not, with your team or with the other side, as you see fit. Each side should meet ahead of class to discuss strategy. As instructed in the problem, each team should meet beforehand to map out strategy. You cannot meet with the other side or with another section. Come to class prepared to negotiate. The negotiation will be in real time. In other words, you will be given you a set amount of time to complete the negotiation that will not be extended.
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- Negotiation Background.
- Negotiation Character List.
- Peacock Household Settlement (2010) (supplemental reading).
- Department of Justice, Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses (2016) (supplemental reading).