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Corporate Liability Under the Alien Tort Claims Act
Faith E. Gay, a partner at Quinn Emanuel Urquhart Oliver & Hedges, and J. Noah Hagey, a senior associate at the firm, write that courts have struggled to articulate consistent jurisdictional parameters in response to ATS suits, but a few patterns are emerging. Meanwhile, the number of ATS suits against corporate defendants continues to rise, perhaps intimating another Supreme Court showdown . . .Court Allows Threshold Challenge to Medical Basis of Phen-Fen Opt-Outs
A Bergen County judge last Tuesday sweetened the stakes for a diet-drug maker sued over alleged heart-valve damage, ruling that Wyeth Corp. could challenge the eligibility of plaintiffs to opt out of a federal $3.75 billion class action settlement and to bring their own suits.How Do U.S., European Corporations Measure Up on Privacy?
On the whole, where does personal information enjoy a higher level of actual privacy, in the European Union or in the United States? Conventional wisdom -- especially in Europe -- holds that actual privacy levels observed by companies are higher in Europe than here, but why? David Bender of White & Case discusses a newly released survey examining the issue, conducted by the firm with the independent privacy think tank Ponemon Institute.In D.C., big firms slash associate salaries
Washington law firms are cutting costs anywhere they can, and associate pay is no longer an exception.Seven Washington offices have slashed salaries. Others-including D.C. stalwarts like Crowell Moring, Hogan Hartson, and Wiley Rein-are cutting pay for associates who don't hit their billable hour goals.GM, Chrysler executives defend dealership closings
WASHINGTON AP - General Motors and Chrysler executives defended the closings of hundreds of dealerships Friday as House lawmakers questioned whether the decisions would save any money or help the troubled companies rebound."Many dealers and the communities they serve frankly feel blind-sided," said Rep. Greg Walden, R-Ore.Big ideas and even bigger sales
If Jim Cramer, the button-mashing circus barker of the financial world, had his way, preschoolers would be tuning in to his money-management show. In ''Jim Cramer's Stay Mad for Life'' $26, which is just out, Cramer suggests buying your tyke Hasbro, Disney and Gymboree stock: ''I would buy one share of these the moment your child is born.Trending Stories
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