John Harvard (1607-38). He (1) didn't look like this, (2) didn't found Harvard, and (3) won the naming rights by dying two years after the place started.
Blawgletter® welcomes you, one and all, to this the 229th — and our third — Blawg Review!
The theme this week emerges, in full armor, from the brow of
The same set of ugly facts can give rise to a welter of claims. And not just a welter — also a variety.
Take a securities fraud case. It alleges that somebody misled investors, who as a result overpaid for a stock, bond, or other security. But the bad facts that motivated the lying often
The Third Circuit today upheld class treatment of an antitrust case that alleged bid-rigging by insurance brokers and carriers. The panel also okayed two settlements — one for $121,800,000 and the other for $28,000,000 — and a fee-and-expense award of $29,500,000 to class counsel. In re Ins. Brokerage Antitrust Litig., No. 07-1759 (3d Cir. Sept. 8
Epson Imaging Devices Corporation yesterday agreed to confess guilt, and pay a $26 million fine, for fixing prices on thin film transistor liquid-crystal display panels.
The plea deal follows ones by LG Display, Sharp, Chungwa Picture Tubes, and Hitachi Displays.
The Judicial Panel on Multidistrict Litigation has set September 24 as its next hearing session. Their Honors will convene at the Lewis F. Powell, Jr., U.S. Courthouse in Richmond, Virginia.
The 20 Section A matters — the ones on which the Panel will hear argument — include In re Battlefield Waste Disposal Litig., MDL
Nathan Koppel and Ashby Jones shock the world in the WSJ today with news that the "'Billable Hour' [Has Come] Under Attack" and that, "In Recession, Clients Push Law Firms for Flat-Fee Contracts".
Big clients seem to have learned that paying by the hour promotes waste. The risk of sloppy, useless, and hurtful work falls
The American Antitrust Institute has filed an amicus brief in PSKS, Inc. v. Leegin Creative Leather Products, Inc., No. 09-40506 (5th Cir. Aug. 15, 2009). The brief, AAI Legal Advocacy Director Richard Brunell, argues that the Fifth Circuit ought to shun a full "rule of reason" probe of resale price-fixing claims in favor
Note the HFCS (the green stuff).
Blawgletter doesn't imbibe much in the way of your juices — your oranges, your apples, your tutti-fruttis — or of your teas — even orange pekoe and oolong. And we sure don't drink Snapple®, despite (because of?) its "Made from the Best Stuff on Earth®" boast. It
Oliver Cromwell (1599-1658) knew how to beseech.
Lawyers who follow the Fifth Circuit will read the title of this post and think plaintiffs lost again. Why? Partly because that court deserves its rep for pro-defense outcomes, esp. in smiting class actions. But also partly due to Blawgletter's use of "stock drop", a phrase that (to some) screams "stick up".
They came, they saw, they transferred — and centralized.
The Judicial Panel on Multidistrict Litigation met in Portland, Oregon, on July 30. The orders have begun to flow.
The results so far:
Southern District of Florida
In re Optimal Strategy U.S. Equity Fund Securities Litig., No. 2073
Southern District of New York
