Senator Arlen Specter (D-PA) does like to have fun. Lately he's had it at the expense of the U.S. Chamber of Commerce set.
A short while ago, Senator Specter put in play an oh-so-brief but mighty potent bill that would revert federal courts to the pre-Iqbal and Twombly standard of pleading claims.
This week, he
If you planned to argue a transfer motion to the U.S. Judicial Panel on Multidistrict Litigation, you'd best start getting yourself to Portland, Oregon.
The JPML scheduled 16 motions — MDL Nos. 2067 through 2082 – in the Mark O. Hatfield U.S. Courthouse from 9:30 a.m. until the arguments finish.
The session will include In re Citigroup
The Third Circuit held yesterday that a district court ought not to have agreed to handle claims under the Americans with Disabilities Act on a Rule 23(b)(2) class basis. The court said each ADA plaintiff must show himself or herself "qualified" to do work that bias prevented the plaintiff from getting. That put ADA cases on a different footing from
Flag Telecom's stock price sank when its undersea cable business took a dive. The price dropped to the bottom. Verily, it slept with the fishes.
One group of stock buyers — let's call it Group A — overpays for a company's stock because the company – Flag Telecom – told a lie — which we'll name Lie A — that misled the market into
The WSJ reports today that the American Arbitration Association has joined the National Arbitration Forum in saying it no longer shall tinker with the machinery of debt . . . collection.
At least until "some standards or safeguards are established", says the article, quoting an AAA spokesperson. Right.
The item says nothing about the common
The huge fraud by that newest of North Carolinians, Bernard Madoff, cost hundreds of people billions of dollars. Who'll pay them back? Not Bernie; his Ponzi scheme, by its nature, made the money go poof.
But what about the advisers that steered clients to invest with Mr. Madoff? Surely they must make good their advisees'
You don't see a lot of mergers these days — unless you mean mergers with the infinite, acquisitions by oblivion, pacts with ferryman Charon. Deal lawyers all over find themselves brushing up on things like the Uniform Commercial Code chapters that concern the calling of notes, foreclosures upon collateral, and the undoing of fraudulent transfers.
So — to
Today the Seventh Circuit deflected a barrage of darts from an order that certified class treatment of Commodity Exchange Act claims.
The plaintiffs alleged that Pacific Investment Management Company drove up the price of 10-year U.S. Treasury notes. PIMCO did the deed by buying more than 40 percent of the note inventory. The cornering strategy hurt the plaintiffs because
I'll huff, and I'll puff!
Frank Churchill and Ann Ronnell wrote the lyrics to a Depression-era favorite, Who's Afraid of the Big Bad Wolf. Walt Disney's Silly Symphony cartoon, "Three Little Pigs", featured the song.
The title reminds Blawgletter of an Obama-era antitrust probe, which features Google as the likely bad guy that may
This man sells lysine. He also wears a wire for the FBI.
Blawgletter enjoys the comedic stylings of Matt Damon. Even as a janitor at MIT, Damon made with the funny stuff. Dark funny, yes. But funny.
Now Damon stars as a bi-polar price-fixer who turns state's evidence on his employer, Archer