Deterrent effects of this site

Prof. Stephen Bainbridge, writing at his site the evening before last:

I had a slip and fall at a restaurant tonight after Christmas Eve dinner. (No. It’s not what you’re thinking. I had only had two beers. It was dark and the step was hard to see.) The manager freaked and then double freaked when I mentioned I was a lawyer. My first thought was “payday!” Mega-settlement baby.

But my second thought was that it was just a scraped knee and injured pride. And then my third thought was about all those nasty things I’ve said about trial lawyers over the years. And then my fourth thought was that I’d end up as a story on Walter Olson’s Overlawyered blog! And my final thought was I’d never be able to hold my head up around my tort reform pals again!

So I’m just going to put some ice on it and forget about it.

Food and beverage roundup

Can regulators insist that a company fire its CEO?

In New York that’s getting to be a regular pattern in the settlement of charges against financial firms; although Eliot Spitzer, known for creative methods of corporate decapitation, may have departed office, Spitzerism lives on. I explain in a new Cato post on the state’s Ocwen Financial pact.

Related: Tactics the federal government used to seize control of insurer American International Group (AIG) away from Hank Greenberg, now made public despite years spent resisting disclosure [Gretchen Morgenson, New York Times]

Santa’s surveillance

…the Federal Bureau of Investigation approached Santa Claus to enlist his cooperation in a new surveillance program. FBI agents advised Santa that his extensive knowledge regarding “bad” children, and failure to disclose this information to the government, likely made him guilty of millions of counts of misprision of a felony. But, the agents added, perhaps a deal could be arranged.

Relax, it’s not real, it’s just Prof. Kyle Graham’s annual Christmas card couched in the form of a criminal procedure final exam. (Last year’s was a constitutional law final exam).

Judge throws out home-care overtime regs

A “thinly-veiled effort to do through regulation” what Congress had refused to do, according to federal district judge Richard Leon, who struck it down in a victory for the interests of elderly and disabled persons in need of care, not to mention the interests of taxpayers and liberty [Bloomberg Business Week] Earlier on the regulations here, here, here, here, here, here, here, here, etc.

Best of Overlawyered — April 2014

Monticello’s brush with ruin-by-litigation

Myron Magnet has a new article in City Journal on how George Washington’s country seat at Mount Vernon and Thomas Jefferson’s at Monticello were saved from war, insult, neglect, and legal hazard. From his discussion of Monticello:

What had happened to the house in the meantime was what happens to any property tied up in litigation: it fell once more into a Dickensian state of ruin. As the suits dragged on, Uriah Levy’s old overseer, Joel Wheeler, “took care” of Monticello and sometimes lived in it. While he grew increasingly blind, paint peeled, glass broke, shutters and gutters disappeared, grime deepened, and the roof and terraces rotted. Wheeler dug up the lawn for a vegetable garden on one side and a pigpen on the other. Cattle wintered in the cellars, and Wheeler winnowed grain on the parlor’s parquet floor. On his watch, judged Wheeler’s successor, Thomas Rhodes, Monticello “was wantonly desecrated.”

Whole thing here.