In the News Today - March 26, 2015

March 26, 2015

As U.S. banks prepare their first quarter reports, many are concerned that sharing information about their coffers for potential legal settlements with the government will “paint a target” on their backs, causing regulators to aim for larger settlements than they would otherwise. (Global Legal Post)

Georgia and New Mexico have recently advanced legislation intended to limit civil forfeitures, a practice some say leads to “policing for profit”. (Wall Street Journal)

"West Virginia has become the fourth state to enact legislation aimed at helping bankrupt asbestos manufacturers obtain mitigating evidence from personal injury claimants, signaling a growing eagerness in statehouses to embrace transparency reform measures snubbed by Congress." (Law360)