|
Washington Legal Foundation
(WLF)
 |
In All Fairness:
Cartoons Spark Outrage
By Dan Popeo,
Chairman
Washington Legal Foundation
February 27, 2006
As
printed in The New York Times
View
Op-Ed
|
|
|
|
WLF Releases Two
New Papers
February 2006
Plaintiffs, Lawyers, And Short-Sellers:
The
Legal Status of “Dump & Sue”
By Professor Moin A. Yahya,
an assistant Professor of Law at the University of
Alberta.
Followers of
the stock market are familiar with such illegal schemes
as “pump and dump” and “cyber-smear”. Hot on their heels
and in need of serious regulatory study and oversight,
this WLF Legal Backgrounder is the tactic of “dump and
sue.” The author, law professor Moin Yahya, explains how
this type of market manipulation works, how
short-selling market participants and plaintiffs’
lawyers might benefit, and what existing rules and laws
regulators could employ to protect investors from it.
Click HERE to Download PDF
Judge Offers Frank Assessment of
Lawyer-Driven Securities Suits
By Joseph De Simone, a litigation partner and Andrew J.
Calica, a litigation associate in the New York office of
Mayer, Brown, Rowe & Maw LLP.
In a rare
public expression of frustration with the lawyer-driven
nature of securities fraud suits, a federal judge
recently launched a targeted broadside of criticism at
plaintiffs’ lawyers in one of his written opinions.
While the placement of the criticism – in a footnote –
may seem innocuous, the authors of a new WLF Legal
Opinion Letter argue, the message should be heard loud
and clear by other judges and policy makers who must
deal with private securities suits and their abuses.
Click HERE to Download PDF
|
|
WLF Releases Two
New Papers
August 29, 2005
Illinois Supreme Court
Rejects Class Action Abuse
by Commissioner
Lawrence H. Mirel
On August 18, the
Illinois Supreme Court handed down its long awaited decision in
Avery v. State Farm. The Court agreed with State Farm -
and disagreed with the rulings of the trial and appellate courts
- that there was no basis for certifying a class action.
Read More
Michigan
Court Ruling Advances Trend in Medical Monitoring
by Mark Herrmann and Brian Ray
"The Michigan
Supreme Court’s decision last month in Henry v. Dow Chemical
Company, No.125205 (July 13, 2005), highlights the growing
resistance in the state courts to claims for medical
monitoring."
Read More
|
|
|
|
WLF
Webast:
held
July
27, 2005 |
The Next Wave of
State Tort Litigation?
Liability Risks
Under Consumer Protection Laws
and Public
Nuisance Theories
J. Russell
Jackson, Skadden, Arps and
Victor Schwartz,
Shook, Hardy & Bacon, two highly respected national experts
on tort law, discuss emerging litigation issues arising from
state laws.
Click to Hear Webcast
Sponsored by:
Washington Legal
Foundation |
|
|
|
WLF Releases Five New
Papers
July 29, 2005
-
Washington
Legal Foundation released five new papers today, each
focusing on a distinct civil justice issue or court ruling. AJP
participant Leah Lorber of Shook, Hardy & Bacon
authored a paper on the Michigan Supreme Court’s recent ruling
rejecting medical monitoring as a remedy (see above). The other
four papers focus on the timely topics of class action
litigation and reform at the federal and state levels; the use
of consumer protection laws to sue food companies and
restaurants; and the abuse of the bankruptcy process by asbestos
lawyers.
View Papers
|
|
WLF Files Misconduct Complaint
Against Alabama Judge Regarding $60,000 in Campaign
Contributions |
|
June 21, 2005
-Today, the
Washington
Legal Foundation (WLF) filed a judicial misconduct
complaint against Alabama Circuit Judge John Rochester with the
Alabama Judicial Inquiry Commission in Montgomery regarding his
receipt of $60,000 in campaign contributions during his
unsuccessful 2004 campaign for a seat on the Alabama Supreme
Court.
The Associated Press
reported on April 23, 2005 that the source of those
contributions was the Montgomery law firm of Beasley Allen,
P.C., a major trial law firm which has a product liability
lawsuit against Merck & Co. pending before Judge Rochester
regarding the pain-reliever Vioxx. The $60,000 in contributions
were apparently routed to Judge Rochester from October 7-24,
2004, through the use of 12 political action committees which
were established and controlled by the same person.
In its 22-page
complaint with a dozen exhibits, WLF alleged that Judge
Rochester violated the Alabama's Canons of Judicial Ethics for
not disqualifying himself from hearing the Merck/Vioxx case and
for other conduct related to his handling of campaign
contributions. According to the AP story, Judge Rochester
defended his receipt of the contributions, stating that the
contributions do not, in fact, influence his decisions.
View Full Release |
|
View News Release |
| |
| The corrosive
effect of litigation on America’s entrepreneurial spirit and
culture, and the measures needed to restore balance to the legal
system, was the subject of a recent discussion among three
leading business executives and former Attorney General and
Pennsylvania Governor Dick Thornburgh.
This CONVERSATIONS
WITH project brought Governor Thornburgh, who is Counsel to
Kirkpatrick & Lockhart and WLF’s Legal Policy Advisory Board
Chairman, together with Bernie Marcus, co-founder of the
world’s largest home improvement retailer, The Home Depot, Inc.;
Maurice (“Hank”) Greenberg, Chairman and CEO of American
International Group, the world’s leading financial services
organization; and Steven Hantler, Assistant General
Counsel to Chrysler LLC and one of the nation’s
leading experts on legal reform.
Download PDF |
| The first
CONVERSATIONS WITH focuses on one of the most pressing and
controversial issues facing America’s civil justice system —
asbestos liability.
Former U.S.
Attorney General and WLF Legal Policy Advisory Board Chairman
Dick Thornburgh moderated the dialogue. Participating were
Victor Schwartz, one of America’s leading scholars on
tort law and civil justice reform and a partner with Shook,
Hardy & Bacon; Robert Vagley, President of the American
Insurance Association; and William Gallagher, Senior Vice
President, Secretary, and General Counsel of Crown Cork & Seal.
The participants
discuss the massive impact that asbestos liability is having on
our economy and the legal system, and how Congress and the
courts should deal with the situation.
Download PDF |
| Op-Eds by Daniel
J. Popeo,
WLF Chairman |
|

Glenn
Lammi
Chief Counsel
Washington
Legal Foundation
2009
Massachusetts Ave., NW
Washington, DC 20036
202-588-0302
glammi@wlf.org
|
|
|