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Around the web, October 23

  • 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]



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.