Follow POL on Twitter - Russia settles $22.5 billion Bank of New York Mellon lawsuit, much written about in this space, for only $14 million, which works out to seven hundredths of a cent on the dollar, right? [Parloff/Fortune] Plaintiff's lawyer Steven Marks also suffers setback in his case on behalf of Nicaraguan banana workers [Longstreth/AmLaw]
- Advocates hope to throw monkey wrench into tens of millions of foreclosures through creative attacks on legal adequacy of mortgage clearinghouses and securitization [Cavanaugh, Reason]
- House Energy and Commerce approves chemical-plant-security bill with "citizen suit" attractions for entrepreneurial lawyers [Carter at ShopFloor]
- "Scotland should introduce class action suits, says Lord Gill" [OUT-LAW, report and synopsis via Hartley]
- Toldjah so: government crackdown on bank late fees and penalties results in hiking of fees for "good" customers [USA Today via Instapundit]
- Protective orders in discovery: "Questionable Plaintiff Tactics Hammered In Florida" [Beck & Herrmann]
