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ILR in the News

May 11, 2012

Reuters | May 11, 2012
As anyone in the United States with a TV or Internet connection probably knows, lawyers want you if you've been exposed to asbestos, and they're paying to get you.
Tags: Asbestos

May 10, 2012

Business Insider | May 10, 2012
SEC Disagrees with Supreme Court’s Anti-U.S. Investor Morrison Decision and Favors Clearly Defined Private Right of Action against Foreign Wrongdoers, rather than Abolition of U.S. Investors’ Legal Rights, SEC Staff Study Asserts.

May 7, 2012

New York Times | May 7, 2012
For other arguments against class actions, the Haggler spoke to a representative at the United States Chamber of Commerce’s Institute for Legal Reform, which is a big fan of the Concepcion decision. Matt Webb, a senior vice president of the organization, says the class-action system is flawed because it is designed by and for lawyers. Arbitration, he added, can work.
The Advocate | May 7, 2012
U.S. Sen. David Vitter, R-La., forwarded to his supporters Friday an article from Legal Newsline, a Chicago newswire owned by the U.S. Chamber Institute for Legal Reform. The group contends Louisiana’s judicial system is unfair to businesses, therefore state law should be changed to make it more difficult for injured parties to file and litigate lawsuits.

May 4, 2012

Wall Street Journal | May 4, 2012
One (more) reason to dislike the 2010 Dodd-Frank financial reform is because it contains hundreds of policy land mines that few people understand. A case in point is the Consumer Financial Protection Bureau's power to investigate and outlaw arbitration clauses, a power it may soon unleash to the probable benefit of the plaintiffs bar.
Tags: Class Action

April 30, 2012

USA Today | April 30, 2012
The Foreign Corrupt Practices Act bars U.S.-based and U.S.-traded companies from giving things of value to foreign government officials or their surrogates in order to gain a competitive advantage — a worthy law whose goals have wide support from American businesses.

April 27, 2012

Minneapolis Post | April 27, 2012
Federal authorities in Mexico announced Monday they would investigate to determine if government officials at the national level were involved in alleged bribery by the US retail giant Wal-Mart, according to The Associated Press.

April 26, 2012

Reuters | April 26, 2012
Wal-Mart Stores Inc pushed back on Wednesday against suggestions that its lobbyists tried to scale back a U.S. anti-bribery law while the company was aware it may have violated the law.

April 20, 2012

The Pelican | April 20, 2012
After more than 40 years of asbestos litigation, most of the companies responsible for asbestos exposure in the workplace have gone out of business.  Many would say that’s a good thing.  They might also argue that the massive trust system that’s been set up to collect resources from companies that have gone bankrupt is a good thing.

April 19, 2012

Forbes | April 19, 2012
In the last year, the debate about whether state-owned entities (“SOEs”) qualify as an “instrumentality” and thus a “foreign official” under the FCPA has been heating up.  In the midst of this debate we wonder whether the resolution lies in the answer to a very simple question.