California law favors class actions. So much so that Golden State courts have struck down class-action bans that show up in consumer contracts whether they apply to lawsuits, Discover Bank v. Superior Court of Los Angeles, 113 P.2d 1100 (Cal. 2005), or arbitration cases, America Online v. Superior Court, 108 Cal. Rptr. 2d 699
What the Election Means for Business Lawsuits: More of Them
Lots of people want to know what voters meant just now when they mostly, in lots of places, swept ins from office and replaced them with outs. Did they want to vent anger? Express anxiety? Demand a new path? Something else?
Blawgletter suspects people wanted to say A Great Many Things, often all at the
Bank Gained Right to Enron Gas, Second Circuit Rules
In 1997, a complex series of deals between Enron and Bank of America helped Enron inflate its income. The welter of agreements created an entity that Enron and Bof A owned 50-50, the Bammel Gas Trust. BGT paid Enron subsidiaries Houston Pipe Line and HPL Resources $232 million for 80 billion cubic feet of Storage Gas in the
FERC Could Keep Price Caps for Gas Pipelines While Lifting Them for Shippers
The interstate natural gas pipeline system transports more than 36 trillion cubic feet a year.
May the Federal Energy Regulatory Commission cap prices that interstate pipelines may charge shippers for moving natural gas but allow the shippers to resell at market prices?
The interstate pipelines thought not. And so they petitioned the D.C. Circuit
BP Securities Cases Land in Houston
British Petroleum now faces a two-front litigation war.
Yesterday, the Judicial Panel on Multidistrict Litigation sent to the U.S. district court in New Orleans dozens of cases alleging personal injury, wrongful death, property damage, and other economic loss resulting from the Deepwater Horizon oil spill. In re Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf
Panel Sends BP Oil Spill Cases to New Orleans
Today the Judicial Panel on Multidistrict Litigation ordered centralization of cases relating to the oil spill into the Gulf of Mexico from the offshore rig Deepwater Horizon to the Eastern District of Louisiana in New Orleans. U.S. District Judge Carl J. Barbier will oversee the sprawling MDL proceedings.
The Panel's order provides:
IN RE: