(63) Federal interpleader allows a stakeholder faced with multiple liability or vexatious litigation
to deposit the fund into the registry of the district court and name the claimants as defendants.
(27) The Court was concerned that permitting causes of action outside the narrow purchaser-seller context would invite vexatious litigation
and strike suits, (28) encourage the "extensive discovery and disruption of normal business activities," (29) and create "conjectural and speculative" recoveries because the number of shares a plaintiff in a holder action alleges he would have sold is a "subjective hypothesis." (30)
" [F]ederal courts should not attempt to protect a party seeking enforcement of an award under the New York Convention 'from all the legal hardships' associated with foreign litigation over the award [b]ut federal courts do have inherent power to protect their own judgments from being undermined or vitiated by vexatious litigation
in other jurisdictions." [Slip op.
The inequitable conduct doctrine should deter vexatious litigation
tactics aimed at diminution.
[section] 1927 covers "excess costs, expenses, and attorneys' fees reasonably incurred because of" vexatious litigation
, but it does not provide for general compensatory damages.
Convicted criminals can bring vexatious litigation
under the human rights legislation at great cost to the taxpayer.
Lauderdale, would create the "Florida Vexatious Litigation
Law" aimed, at deterring repeated filing of meritless suits.