- The cy pres problem is far from entirely fixed: a California-state consumer-fraud lawsuit against Acura resulted in a $94,500 award to the Make-a-Wish foundation that the plaintiffs' lawyers treat as their own personal donation. [press release; more on cy pres]
- A reminder: the gender-pay gap reflects career choices by men and women, rather than employer discrimination. In urban areas, single women in their 20s make $1.05 for every $1 single men in their 20s make, a number that goes up to $1.20 for "certain cities with a heavily knowledge-driven employment base." Law isn't going to "fix" this without top-down commands requiring women to prefer work to staying at home, a cure one would think is worse than the supposed disease. [Hymowitz @ WSJ; Lowry; Hymowitz @ WSJ]
- California appellate court awards punitive damages based on defendant's denial of wrongdoing. [Cutting]
- Disparate impact banking defendants fight back. [Bank Lawyer's Blog; earlier]
- N.D. California federal court rejects forum-shopping national class action. [Trask]
- Adam White on David Dorsen on the great Judge Henry Friendly. [WSJ (h/t D.R.)]
- "The GSA scandal obscures a broader problem: the shell game of federal largesse." [Mac Donald @ City Journal]
- Illinois, pension basket case. [Barro @ Bloomberg]
- Speaking of riots, Theodore Dalrymple bemoans the state of the UK. [City Journal; WSJ]
- Don't forget: you can follow us on Twitter: @pointoflaw; @tedfrank.
Around the web, May 1
Related Entries:
- Maryland's Misguided Approach to Growth
- Richard Epstein: The Improbable Fate of the Durbin Amendment
- An Alternative Approach to Asset Investment
- CFPB and Disparate Impact
- Banking on Wind
- Two podcasts
- "A Facebook Deal That Needs Unfriending"
- Stockpiling Penalties
- The cy pres morass and In re BankAmerica Corp. Securities Litigation
- CEI, Cato, and PLF weigh in on Mount Holly
- Marek v. Lane & Dry Max Pampers in today's NY Times
- Speaking at 2013 ABA Class Action National Institute
- CCAF Sixth Circuit victory in Pampers Dry Max
- Cy pres and Stanford Law's Center on Internet and Society
- Cy pres in SCOTUS? Facebook Beacon settlement certiorari petition
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Rafael Mangual Project Manager, Legal Policy rmangual@manhattan-institute.org |
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Communications Manhattan Institute communications@manhattan-institute.org |