A breach-of-contract trial under way in D.C. this week “pits the trial lawyers group American Association for Justice against its would-be lender, Wachovia Bank.” [ABA Journal]
Tagged as:
AAJ,
banks,
lawyers
Jenna Greene at American Lawyer reports on the “ambitious agenda” the Equal Employment Opportunity Commission has taken up lately under Chairwoman Jacqueline Berrien, and quotes me as saying the new group in charge of the commission “make the Carter [administration] EEOC look like a Chamber of Commerce operation.” Related: “EEOC reports record charge filings for 2010″ [Hyman]
Tagged as:
EEOC
The Washington Supreme Court opens a product liability can of worms by abandoning a traditional doctrine that prescribes that when there was a contract between the parties, remedies for purely economic loss blamed on product defectiveness must be based on principles of contract law, not tort law. [Russell Jackson]
Tagged as:
contracts,
product liability,
Washington state
A 3-2 vote at the Consumer Product Safety Commission last week ensures that the federal government will put its imprimatur behind allegations about supposed hazards in consumer products — whether true or not. I explain in a new post at Cato at Liberty.
P.S. Kelly Young comments: “I wonder if they’d be willing to maintain a public database of complaints against federal employees?” More: Coyote (comparing relative sophistication of Amazon, TripAdvisor consumer ratings systems with primitive nature of CPSC’s); letter from Rep. Joe Barton, PDF; Washington Post; ACSH.
Tagged as:
CPSC,
CPSIA,
CPSIA and Congress,
U.S. House of Representatives
In the ADA Amendments Act, signed by then-President George W. Bush in 2008 and taking effect the next year, Congress drastically expanded the scope of disabled-rights law, to cover, for example, persons “regarded as” disabled, as well as other formerly uncovered categories. According to one attorney advisor, employers from here out should basically assume everyone in their workforce is going to qualify as “disabled” if push comes to shove: “Challenging the employee’s ‘disability’ status is a waste of time with the new expanded definition of ‘disability’.” [Robin Shea, Employment and Labor Insider]
Tagged as:
disabled rights,
workplace
“A new study in the Financial Analysts Journal casts serious doubt on the premise [of litigation social efficiency], at least when it comes to shareholder class actions. In most cases, the authors found, the litigation mainly serves to punish shareholders who have already suffered from a downturn in their stock. Only suits targeting illegal insider trading, and to a lesser extent, accounting fraud were associated with subsequent higher long-term returns.” [Dan Fisher, Forbes; Rob Bauer and Robin Braun, “Misdeeds Matter: Long-Term Stock Performance after the Filing of Class-Action Lawsuits”] More: Coyote.
Tagged as:
securities litigation