Legal, Economic & Regulatory Affairs News by GLG Council Members

Governor Strickland Likely to Implement Slots Plan with Executive Order

September 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:Ohio Governor Vows Not to Give Up on Slots Plan | blog.cleveland.com

Governor Strickland, in Cleveland visiting a local business, stated that he won't give up on plan to implement slot machines at Ohio racetracks.

Supreme Court Deals Serious Blow to Ohio Slots Plan

September 21, 2009

Analysis by: GLG Expert Contributor

Analysis of:Ohio Supreme Court Says Slots at Racetracks Subject to Referendum | www.dispatchpolitics.com

The Ohio Supreme Court today, in a 6-1 decision, held that legislation authorizing slot machines at Ohio racetracks is subject to referendum.

Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC

Shareholder Class-Action Suits:Do they address the real problem?

September 21, 2009

Analysis of:Looking at the Logic Behind Shareholder Class-Action Suits | blogs.wsj.com

Do Shareholder Class-Action Suits fix the problem?

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

New Japan Financial Services Minister shows little sympathy for lenders

September 18, 2009

Analysis of:Aiful Preparing To Apply For Debt Relief Procedures | www.nni.nikkei.co.jp

With credit default swaps (CDS) for Aiful and Takefuji trading at historic highs, Japan's newly appointed Financial Services Minister shows little sympathy for lenders in proposing a 3-year moratorium on repayment of small business loans.

A Weak President in a Weaker Europe

September 17, 2009

Analysis by: GLG Expert Contributor

Analysis of:Berlusconi threatens to block EU over migrant row. | www.euractiv.com

Berlusconi's menace to block EU was rude and naive but was also supporting Barroso role when his election was uncertain. Recessions divide countries and there is a risk that Barroso is not strong enough to support a unified market policy.

Ohio Gaming Alert - Columbus Area Track May Not Go Forward with VLT's

September 17, 2009

Analysis by: GLG Expert Contributor

Analysis of:New Slots Lawsuit Filed | bit.ly

Columbus horse track files federal breach of contract suit against Penn National.

Italy Risks Isolation in EU

September 17, 2009

Analysis by: GLG Expert Contributor

Analysis of:Berlusconi threatens to block EU over migrant row. | www.euractiv.com

The report that Italian Prime Minister Silvio Berlusconi threatened to block EU business if Commission officials did not stop commenting on his government was the latest in a series of clashes between the current Italian government and EU institutions. While the threats were mostly bluster, the underlying point is that Italy is risking isolation within the EU. More importantly, this government does not seem concerned about distancing itself from its European partners.

Anti- piracy Bill passed in France

September 17, 2009

Analysis by: GLG Expert Contributor

Analysis of:French piracy bill approved - '1000 a day could be taken offline' | www.nzherald.co.nz

Just recently, Internet Piracy Bill is passed in French National Assembly with 225 votes against and 285 votes in favor on 15 September, 2009. The bill will now move to the upper house (the Senate) for approval. It will then be signed into French law. Under this Bill, Authorities will be able to cut off Internet service to suspected online pirates after two warnings.

Penn National Faces Uphill Battle to Win Ohio Voter Support for Casino Plan

September 15, 2009

Analysis by: GLG Expert Contributor

Analysis of:Support for Penn National Casino Plan Slips Slightly in Latest Ohio Polling | pullinsreport.com

Support for Penn National proposal has slipped five points to 56% over the last month.  Polling in July showed 60% support and in August 61% support. 

Martin AlpertVice President, Environmental ClaimsHINZ CLAIM MANAGEMENT INC

Consumer Product Safety Improvement Act of 2008: Best thing since Sliced Bread!

September 13, 2009

Analysis of:It's Not Just for Kids: The Consumer Product Safety Improvement Act of 2008 and its Impact on Product Liability Litigation (Part One) | www.imakenews.com

How far reaching will the CPSIA be?Will the CPSIA new standards be the teeth or just the another regulation? 

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