GLG News by Student Lending Experts
Analysis of:
Katrina Lawsuit to Go to Appeal (www.nytimes.com)
Where the applicable insurance clauses really ambiguous or are insurance carriers just trying to minimize payouts? Should any doubt of coverage always go to the less sophisticated consumer? How much will Katrina really cost and who will ultimately pay the tab?
Analysis of:
Lens Fluid Maker Says Link to Infection Unsolved (www.nytimes.com)
Lens solutions have been the target of many recent recalls.
Will the no rub solutions become obsolete.
While the risk of infection is usually minimal, why is is so prevalent lately?
Analysis of:
$64M Deal Approved in Paxil Settlement (www.forbes.com)
Are Class actions still on the rise? Attorneys' fees in class actions still make it a profitable venture. In approving the settlement notification of possible reimbursement should have been included in the order.
Analysis of:
SEC adopts new guidance for Sarbanes-Oxley (www.reuters.com)
A realization that enough may be too much on costly and wasteful corporate compliance, companies can now focus on high risks to their books.
Analysis of:
Insurance adds fuel to heated M&A bid battles (www.reuters.com)
Insurance is listed as an asset on the books. Utilizing insurance instead of an escrow account frees up capital. Companies can use insurance to give warranties and indemnity to enhance selling & buying.
Analysis of:
Tyco to Pay $3 Billion to Settle Investor Lawsuits (www.nytimes.com)
Is this settlement simply to reduce compensation arguments by bondholders in parallel litigation? Any benefit in not fully disclosing executive compensation clearly is out weighted by the possible and likely penalties. After Enron the American people will not settle for anything less than full...
Analysis of:
Securities Class Action Certified Against Omnicom Group (www.law.com)
Certifying a Securities Class action seems to be becoming easier and easier. The more potential plaintiffs the greater likelihood the class is certified. Finding sustainable arguments against class action certification in a securities case invokes greater creativity.
Analysis of:
Appeal or not to Appeal (www.investmentnews.com)
The noose seems to be tightening around what needs to be disclosed in Broker Agreements. Is it more costly to take the chance of not disclosing what may be a fiduciary obligation? Brokers can no longer hide behind any presumption of a sophisticated user.
Analysis of:
Lead paint industry on the defensive (www.lawyersweeklyusa.com)
The momentum is now with the plaintiffs with the Rhode Island Trial court upholding the juries verdict against several paint manufacturers.
Emerging & Creative Defense Strategies.
Status of Lead Paint Litigation in Rhode Island, Wisconsin, Ohio and California.
Analysis of:
U.S. still in the wrong with Web gambling ban, WTO says (www.iht.com)
The internet gambling ban which was attached to last year's port security bill is an example of the power of the fundamentalist, anti-gambling, pro-morality Republican constituency in the waning days of the Bush Era. Led by (then) Senate Majority Leader Bill Frist (R-TN) in an effort to polish...
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