Legal, Economic & Regulatory Affairs News by GLG Council Members

CLASS Consciousness: Problems with the "Kennedy" CLASS Act

October 23, 2009

Analysis by: GLG Expert Contributor

Analysis of:Senate addresses long-term care plan: U.S. would run insurance program | www.cleveland.com

The Senate Health, Education, Labor and Pensions "Kennedy" Committee has proposed a government-run long-term care insurance program called the "Community Living Assistance Services and Supports" or CLASS Act. It does not live up to its hype, but may pass anyway riding in on the larger health reform movement.

Daniel LintzPresident & Chief Executive OfficerSafe Harbour Japan K.K.

DPJ Looks to Postal Savings, Insurance to Fill Gaps in Budget

October 21, 2009

Analysis of:New Japan Post Chief Faces Tightrope Act | www.nni.nikkei.co.jp

The appointment of Jiro Saito as Japan Post Holdings President indicates plans to draw on the Postal Savings and Insurance schemes to bridge ever widening budget gaps with Fiscal Investment and Loan Program (FILP) funds and massive JGB purchases, turning back the clock on fiscal and financial market reforms a decade or more.

Regulatory Buying

October 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:Truck Orders Continue to Rise | www.truckinginfo.com

FTR Associates and Merrill Lynch both indicate that there has been an improvement for net orders of Class 8 vehicles over the last four months. The uptick includes orders for units in the United States, Mexico and Canada.

Justice o f the Peace and Social Engineering

October 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:Interracial Newlyweds Derailed in Dixie | blogs.wsj.com

The source article presents what many thought and hoped were a long past pattern of intolerance.The basic point is that a Louisiana justice of the peace places his personal policy regarding interracial marriage above the law of the land.

Justice and Responsibility

October 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:scaling back justice? | www.cbsnews.com

There is certainly a compelling argument contained within both Mr. Alpert's analysis and Mr. Olson original article. That is as a nation we must take more personal responsibility for our actions. We as attorney's should also have more responsibility to review and file claims that are not the result of individual irresponsibility.

Finding A Fix Among It all

October 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:Building the foundation for a healthy and sustainable global economy By Sony Kumar | www.forbes.com

The message from this global financial crisis is loud and clear; the system that we currently have is flawed, susceptible to produce crises and prone to systemic risk. However, it is awe-inspiring and critical to the future of the global economy and its interwoven mechanics. Beyond Pareto Efficiency, the mechanics of the new globalized econometrics show to be reversing its polarity at a rate that is unable to be measured.

Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC

Jury Trial: Do Away with It?

October 20, 2009

Analysis of:Scaling Back Justice? | councils.glgroup.com

Does the US Civil Justice allow its doors to open too easily?

Daniel LintzPresident & Chief Executive OfficerSafe Harbour Japan K.K.

Japan Post President to Resign as DPJ Rolls Back Privatization Reforms

October 19, 2009

Analysis of:Kamei: Japan Post boss on notice | search.japantimes.co.jp

The Yomiuri Shimbun reports the imminent resignation of Japan Post Holdings President Yoshifumi Nishikawa following his meeting yesterday with State Minister for Postal Services and Financial Affairs Hon. Shizuka Kamei.

Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC

Electronic Evidence Discovery: All or Nothing?

October 19, 2009

Analysis of:Pa. Court Weighs in on E-Discovery | www.law.com

Will EED allow unfettered access to records?

Gag Order Partly Lifted

October 17, 2009

Analysis by: GLG Expert Contributor

Analysis of:Medicare backs off on order about lobbying seniors | www.southcoasttoday.com

The basic points in this article on lobbying seniors about changes to Medicare are:1) the Obama administration had "clarified" a previous Medicare order denying health plans the right of communicating with seniors about changes to health plans under the health care reform proposals;2) the clarification issued on Friday allows plans to lobby seniors if the have beneficiary permission and do not use federal funds data.

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