In a unanimous decision, the Supreme Court of California today chided a trial court for ruling on a motion for judgment on the pleadings before deciding whether to certify the case as a class action. Fireside Bank v. Superior Court of Santa Clara County, No. S139171 (Cal. Apr. 16, 2007).
Fireside Bank sued Sandra
Congratulations to those of you who have so far resisted Blawgletter’s raw animal magnetism. In the 3.5 months since Blawgletter commenced, you have displayed admirable self-restraint, shown impressive discipline, and exhibited terrific nose-to-the-grindstone work habits. Great job!
But perhaps the time has come to declare victory and treat yourself to the benefits of subscribing to
The WSJ today reports that the Securities and Exchange Commission "is exploring a new policy that could permit companies to resolve complaints by aggrieved shareholders through arbitration, limiting shareholders’ ability to sue in court." The change would allow companies that use public markets to sell their stocks and bonds to amend corporate bylaws to ban
The Ninth Circuit today vacated an order compelling arbitration. The court traced the district court’s error to its equation of issues that an arbitrator must decide — validity and enforceability of a contract containing an arbitration clause — with a question that a court must determine — whether the parties entered into a contract in
Milton Friedman (1912-2006) won a Nobel Prize
for his work in economics.
The late economist and Nobel Laureate Milton Friedman founded the Chicago school, which emphasizes free markets and highlights problems with government regulation of them. In 1975, he wrote:
Even the most ardent environmentalist doesn’t really want to stop pollution. If he thinks about
The Washington Post has published the following, er, news item:
Nothing Improper
By Alberto R. Gonzales
Sunday, April 15, 2007; B07
My decision some months ago to privately seek the resignations of a small number of U.S. attorneys has erupted into a public firestorm. First and foremost, I appreciate the public service of these fine
Blawgletter just got back from an overnight retreat for the 16 partners and associates in Susman Godfrey‘s Dallas office. A highlight of our annual gathering came this morning when Janet Moore visited with us about Rainmaking Basics in a Global Economy. Ms. Moore earned degrees from Georgetown and UT
Yesterday, the U.S. District Court for the Eastern District of Virginia entered its Order of Permanent Injunction barring Vonage from further infringing Verizon patents on VoIP technology.
Click here to see it now. Send it to your friends! Have a great weekend!!
Barry Barnett
Ever-alert Blawgletter readers know that the President nicknamed his Attorney General "Fredo" — as in Frederico "Fredo" Corleone. Signs of the cinematic Fredo’s weaknesses included fumbling his gat after minions of Virgil Sollozzo gunned down his father; mockery by his wife, Deanna, at a party; sycophancy towards Las Vegas gangster and Corleone
Voluntary retirees from Chevron alleged that the company misrepresented the unavailability of extra retirement benefits if they had forced the company to fire them. The Fifth Circuit yesterday ruled that the plaintiffs doomed their claims under ERISA because they failed to allege a causal connection between the misrepresentations and their loss of the additional benefits.
