Last week, more than 150 groups and organizations sent a letter to members of the U.S. Senate Judiciary Committee, urging them to oppose any “ill-considered efforts” that would split the U.S. Court of Appeals for the Ninth Circuit. So far, three such bills have been introduced in Congress this year.
BOSTON (Legal Newsline) - As trial lawyers seek a Democratic majority in the U.S. Senate, as well as a Democratic president, a major asbestos firm in Massachusetts is catching flak for doling out bonuses to its attorneys that match their contributions to various political campaigns -- mostly Democratic.
LAS VEGAS (Legal Newsline) - Last week, at the largest gathering of mass torts plaintiffs attorneys in the nation, prominent Dallas attorney Lisa Blue Baron announced she is interviewing for her “dream job” at the White House as a member of a panel that would help vet federal judges.
The Consumer Financial Protection Bureau has proposed a set of rules prohibiting arbitration clauses that prevent class action lawsuits on behalf of consumers -- a contentious proposal that has parties on both sides speaking out.
The House Financial Services Committee has launched an investigation into the Consumer Financial Protection Bureau’s proposed regulation of pre-dispute arbitration agreements, requesting various information from the bureau.
The Consumer Financial Protection Bureau’s release of its set of proposed rules coincided with a field hearing held in New Mexico Thursday. Under the bureau’s proposal, companies would still be able to include arbitration clauses in their contracts. However, for contracts subject to the proposal, the clauses would have to say explicitly that they cannot be used to stop consumers from being part of a class action in court.
The rule, sometimes referred to as the conflicts of interest rule, mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.
Last month, the U.S. Department of Labor announced its final fiduciary rule, sometimes referred to as the conflicts of interest rule. The rule mandates financial professionals who service individual retirement accounts, including IRAs and 401(k) plans, to serve the “best interest” of the savers and disclose conflicts of interest.
In January, the nation’s highest court ruled that an unaccepted offer of complete relief to a named plaintiff in a putative class action lawsuit does not moot the plaintiff’s claim. But it would not decide whether the result would be different if a defendant deposits the full amount of the plaintiff’s individual claim in an account payable to the plaintiff, and the court then enters judgment for the plaintiff in that amount.
MIAMI (Legal Newsline) – Weeks before the head of a national trial lawyers group condemned a legal maneuver used by businesses in attempts to fight class action lawsuits, the group was accused of using the same move – by one of its own members.
The House Committee on Rules is set to take up H.R. 1927 -- now the Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2015 -- Wednesday afternoon and then send it to the House floor for a vote.
A new poll, released by the U.S. Chamber Institute for Legal Reform, shows that a state’s lawsuit climate has a direct impact on its businesses. California and Alabama also were among the states with the worst legal climates for businesses.
EDWARDSVILLE, Ill. (Legal Newsline) - Asbestos defense attorneys in Madison County, Ill., a hotbed for such lawsuits, favor the transparency offered by a legislation recently passed by the U.S. House Judiciary Committee that is designed to target asbestos litigation abuse.