In combination with the Delaware Court of Chancery’s decision in In re Trulia, Inc. Stockholder Litigation, 129 A.3d 884 (Del. Ch. 2016), Judge Posner’s blistering opinion In re Walgreen Company Stockholder Litigation, 2016 WL 4207962 (7th Cir. Aug. 10, 2016), may well close the door on disclosure-only settlements in shareholder challenges to mergers.
Rule 23(c)(4) has been been placed under a microscope in the past few years, largely because of the judicial response to the Supreme Court’s Comcast Corp. v. Behrend opinion, and the Rules Advisory Committee’s subsequent consideration of possible amendments to the Rule.
CPSC Chairman Attempts to Bridge the Divide, Signaling That Higher CPSC Civil Penalties Are Here to Stay
Airing dirty laundry. The CPSC has made public its internal dispute over civil penalties.
One of our long-standing objectives for this blog is to provide in-depth analysis of recent court rulings and developing trends that impact class action practice.
Judge Karas Refuses to Dismiss Dog Owner’s Claim to Have Been Duped Over Bacon Content of “Beggin’ Strips”
Last week, Judge Karas denied in part a motion to dismiss a putative class action against Nestle Purina, maker of the “Beggin’ Strips” line of dog treats.
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Five Arkansas attorneys have been formally reprimanded by a federal judge in the Western District of Arkansas after stipulating to dismissal “for the purposes of seeking a more favorable forum and avoiding an adverse decision” in connection with the approval of a class settlement.
For today, a comment on translating science into law, including pointing to a useful presentation on “magic words” and causation in asbestos cases.
National restrictions on private mortgage insurance (PMI) have been in place for almost 20 years, and most lenders and servicers rigorously follow them. But a recent decision from a Pennsylvania federal court suggests that some banks may have grown lax in that regard.