The Third Circuit held today that an outfit whose raison d'etre consists of fleecing investors can't sue you for giving it funds that enabled it to cut off more and more wool from the innocent sheep.
The court said the act that caused the loss consisted not of furnishing the money. No. That simply made
Blawgletter learned in college, to our surprise, that we liked the dismal science. We could do without the math, mind you — regressions, Lagrange multipliers, and whatnot. But we did enjoy the parts that seemed to make practical sense of the world.
On vacation this last week, between the day after Christmas and
Blawgletter wishes you a happy new year. Now back to work!
The Eighth Circuit ended its 2009 with a ruling in an antitrust case. The decision turned on market definition — a key battle in cases that don't involve per se unlawful things like cartels that fix prices, restrict output, or allocate customers or territories. (Market
If you've worked in the building trades, you've seen people trudging around with their feet up to a yard or more off the ground. Blawgletter does not refer to self-levitation. We mean instead the workers – often those putting up drywall — who walk on stilts so they can reach high spots at will.
Yesterday, the Federal Circuit used a case involving a
Bloomberg today offers a good look at ideas floating in Congress to fix what ails Wall Street, most bigly the unrepeal of a Great Depression law, Glass-Steagall, which joined oblivion in 1999. Blawgletter says check it out.
Say you settle a class action. The pact calls for future royalty payments. A dispute ensues over accounting for the royalties. The settling plaintiffs invoke the peace treaty's arbitration clause. The arbitration panel rules against them.
The settling plaintiffs later raise another accounting complaint. They again file an arbitration proceeding. But the settling defendants sue in
Blawgletter grew up in Nacogdoches and went to college and law school in New England. Bear with us.
One time, to get home for Christmas, we caught a bus in New Haven, boarded another one in a scary part of New York, rode across the nation's midsection before cutting south, and ended up in Henderson, Texas.
The Federal Circuit yesterday upheld almost all of a $240 judgment against Microsoft Corporation for willful patent infringement.
U.S. District Judge Leonard A. Davis presided over a jury trial on i4i's claims. He accepted findings of infringement and willfulness and the jury's verdict of $200 million in damages. He also enhanced the award by $40 million, in part due to
The Strait of Gibraltar pinches the Atlantic Ocean and Mediterranean Sea into a 7.7-mile slit of water that joins the two great saltwater masses. Ancient writers called mounts on each side of the channel — including the Rock of Gibraltar — the Pillars of Hercules. The Pillars marked the far point of Hercules's wide