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Around the web, May 30

  • Ted has an exclusive: Alabama federal judge strikes down FACTA as unconstitutional, with many implications for other fields of "harm-less" consumer litigation [Overlawyered]
  • WSJ lands hard on Rep. Rangel's $1.6 billion tax cut for trial lawyers [editorial today; earlier]
  • Fruits of cy pres? "Most of our money comes from lawsuits" says Greenlining Institute which is leading scary new "diversity" assault on California philanthropy [Heather Higgins/WSJ; more, scroll to fourth item]
  • "Mother Teresa, move aside": Arthur Miller, David Boies, Stephen Susman among those hailing Mel Weiss's philanthropy and character in plea for sentencing clemency [OL]
  • Don't assume suits against Wall Street over auction-rate securities are a slam dunk [Bloomberg via WSJ law blog]
  • West Virginia Supreme Court refuses to hear appeals in two gigantic business-dispute punitive awards [WV Record]
  • Grasso/NYSE case could test limits of state AGs' powers [NYLJ]



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.