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Jeff G. Hammel, a partner at Latham & Watkins, and Robert J. Malionek, a senior associate at the firm, write that most courts have held that the PSLRA's requirement of an automatic stay is buttressed by the legislative history, which illuminates Congress' intent to hold all unnecessary discovery at bay while a court determines whether, and in what shape, a case should proceed.
December 11, 2006 at 12:00 AM
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