Their Honors will hear argument on October 9 in Stoneridge Investment v. Scientific-Atlanta, Inc., No. 06-43 (U.S.).  The case concerns whether securities fraud liability reaches silent collaborators. "Questions Presented" here.

Blawgletter talked in August about the Solicitor General’s split-the-baby approach to the Stoneridge questions and the possible effect of Stoneridge on a Fifth

In Catch-22 (1955), Joseph Heller put this bit of dialogue in the mouths of B-25 bombardier Yossarian and squadron physician Doc Daneeka:

"Sure there’s a catch," Doc Daneeka replied.  "Catch-22.  Anyone who wants to get out of combat duty isn’t really crazy."

*  *  *  *

"That’s some catch, that Catch-22," he [Yossarian] observed.

Yawn
Time to wake up, little one.

The D.C. Circuit today issued its first opinion in more than a month.  The judicial hiatus started on August 24, 2007.  Blawgletter still has no idea what caused it.

Strangely, the parties argued the appeal during the decision drought.  Did the court really have no backlog?

The case involved

Containership
Builders risk insurance evolved from
maritime cargo coverage.  Who knew?

The Seventh Circuit held yesterday that a "builders risk" policy doesn’t constitute "fire insurance" under Michigan law.  Hunt Construction Group, Inc. v. Allianz Global Risks U.S. Ins. Co., No. 06-4335 (7th Cir. Oct. 1, 2007).  The distinction mattered because claims under a fire insurance

The Supreme Court of the United States of America issued an 83-page "Order List" today.

In those 83 pages, the Court granted several odd motions, vacated a few decisions, and invited the Solicitor General to file briefs but added zero cases to its docket for the 2007 Term.

The WSJ explains it all