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Corporate Exposure Under the Alien Tort Claims Act
Despite the U.S. Supreme Court's effort to restrict and clarify the Alien Tort Claims Act, the number of ATCA lawsuits against multi-national companies continues to grow, as does the divergence among courts interpreting the act. Some courts have construed the ATCA narrowly, but others have recognized novel claims and theories of liability. Attorney Jonathan Drimmer highlights two recent cases that demonstrate the unpredictability of ATCA cases, and discusses what companies can do to reduce their exposure.Georgia Legislature Considering Bill to Warn About Defective Tires
In light of the Firestone tire recall, the Georgia legislature is considering a bill proponents say would warn consumers about defective tires. The bill would require that consumers have access to statistics on tires that purchasers return to dealerships. The tire industry closely guards these statistics as proprietary information, and tire retailers say the bill is well-intentioned but misdirected.U.S. Tax Court Rules McAllen Lawyers Used Improper Tax Shelter
A federal tax court judge issued a ruling Feb. 14 finding three personal injury lawyers in the Rio Grande Valley used an improper tax shelter to reduce tax liabilities from contingent fees they received in 2001 from Firestone tire litigation.Ford Settles Ignition Suit; Could Cost Automaker $2.7 Billion
Ford Motor Co. agreed Thursday to reimburse current and former owners for repairs on millions of cars and trucks prone to stall because of a flawed ignition system. The deal approved by a California judge could cost the automaker $2.7 billion, plaintiffs said. The settlement was approved as the beleaguered automaker weathers a series of setbacks, including an erosion in sales and the costly Firestone tire situation.Ford Agrees to Settle Explorer Rollover Suit Covering 1 Million Owners in Four States
Ford Motor Co. on Wednesday ended an era of litigation over its rollover-plagued Explorer sport utility vehicles when it agreed to settle a class action covering about 1 million plaintiffs in California, Connecticut, Illinois and Texas who claimed their Explorers were prone to flip, according to a co-counsel for the SUV owners. A Ford spokeswoman said the deal ends all the outstanding rollover-related lawsuits against the company.Trending Stories
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