Austin Hall, home of the Ames Courtroom.
The Judicial Panel on Multidistrict Litigation sets up shop at Harvard Law School on November 19.
Their Honors will hear argument on motions to centralize, in ONE district, cases pending in MULTIPLE districts.
The matters up on Thursday:
SECTION A
MATTERS DESIGNATED FOR ORAL ARGUMENT
MDL No.
You could put an eye out with that gavel.
Intel Corporation has made peace with Advanced Micro Devices, Inc., the companies announced in IDENTICAL press releases today (here and here). The money part said:
[Blah blah blah,] and Intel will pay AMD $1.25 billion. Intel has also agreed to abide
The case involved NVIDIA stock, which didn't do too well.
The Ninth Circuit chided a district court today for usurping a right that the panel held belongs to the "lead plaintiff" in cases under the Private Securities Litigation Reform Act of 1995 — the right to choose counsel for the putative class.
The PSLRA
The U.S. Supreme Court today heard what "fiduciary" means for an investment adviser when it charges mutual funds more than institutional investors pay for similar services. See Transcript, Jones v. Harris Assocs. L.P. , No 08-586 (U.S. Nov. 2, 2009). Briefs here.
Blawgletter predicts a close decision — probably by one vote – in favor of mutual fund
Say you bought a cell phone. Suppose the outfit that sold it to you said you'd get it for "free". Say also the seller — let's call it AT&T — billed you 7.75 percent of what the phone would've cost if you'd purchased it at retail. How would you feel about the freeness of the
The U.S. Supreme Court will hear arguments in a pair of key civil cases on November 2. One involves a claim to recover "excessive" fees under the Investment Company Act of 1940, Jones v. Harris Assocs., No. 08-586; and the other concerns states' ability to bar class actions asserting state law claims in federal court, Shady Grove
Do people who bought stock at, say, $75 a share and who sell it at, oh, $80 per deserve our concern? Even if the company whose shares rose in value lied about something important, causing the price to dip before recovering?
The Seventh Circuit today said ix-nay on the orry-way but did it in terms
The Judicial Panel on Multidistrict Litigation ordered today that its seven members will gather for the next argument session on November 19 in Cambridge, Massachusetts. Their Honors will hear from lawyers in, by Blawgletter's count, 16 potential MDL matters.
By the way, we confess to error in guessing the Panel would head south for this gathering.
Hurricane Katrina hit Louisiana and Mississippi on August 29, 2005.
On September 23, Blawgletter reported that the Second Circuit revived a complaint that tied CO2 emissions to global warming under a public nuisance claim.
Last Friday, the Fifth Circuit reached the same result in a case arising from Hurricane Katrina. A class of Mississippi
DDAVP tablets help manage a form of diabetes.
Antitrust law seldom gets a boost in the federal courts any more. Their Honors seem more afraid of the risk that ruling for the plaintiff hurts competition than of the danger that killing a case encourages anticompetitive conduct and deprive consumers of any remedy for it. Fear of "false positives"