September 16, 2008

• Some commentators were dismissive of fears that NYC would cede financial market leadership to London, not so easy to be dismissive now [NYT]
• "Hedge funds'll be our undoing, they're unregulated" -- but it turned out boring old regulated firms were taking risks as big as anyone [Ribstein via Carney, DealBreaker]
• Chevron says arrests of two of its lawyers in Ecuador were tactical steps in enviro litigation backed by U.S. plaintiff's firms [AmLaw]
• Battle of the corporate governance profs [Stephen Bainbridge vs. Lucian Bebchuk]
• Sen. Biden's ties to Madison County, Ill. asbestos-suit giant SimmonsCooper go way back [MC Record, more]
• South Carolina high court OKs tort (not just contract) damages for products that are defective but have caused no injury [Hunton & Williams PDF, Colleton Preparatory School v. Hoover Universal, S.C. Law Review via Pero]
• Despite negative-ad blitz, trial lawyers fail to knock off Florida state sen. Gary Siplin in Democratic primary [Orlando Sentinel, more, more]