All GLG News Analyses Filed Under: Legal Issues

Credit Card Turmoil

October 16, 2009

Analysis by: GLG Expert Contributor

Analysis of:Turmoil in Arbitration Empire Upends Credit-Card Disputes | online.wsj.com

The article paints a bleak picture for the future of dispute resolution, specifically arbitration in credit card debt issues. It further implies that there will be a flood of cases related to consumer credit card debt onto an already overloaded judicial system.However there are alternatives available that can replace mandatory arbitration.

Duncan MacDonaldConsultantDuncan McDonald

Loss of arbitration of cardholder disputes could sink card industry

October 15, 2009

Analysis of:Turmoil in Arbitration Empire Upends Credit-Card Disputes | online.wsj.com

Although the article is about an investor's failed bet on arbitration of card disputes, the bigger fail will belong to the card industry -- the 1 billion bank and private label cards held by 200 million consumers. Issuers of those cards have all but lost the right require arbitration and the enormous protection arbitration brings against class actions. With the NAF gone kaput and the AAA refusing to fill the void, issuers now face massive, potentially crippling new risks .

The Sun Rises in the East, and Cigarette Makers Appeal

September 29, 2009

Analysis by: GLG Expert Contributor

Analysis of:Cigarette Makers Will Appeal Racketeering Loss to Supreme Court | www.bloomberg.com

A win in the U.S. Supreme Court would bring at least temporary relief to cigarette makers.  But the odds are against the Court taking the case, and even if Philip Morris did win in Court, the FDA might use its newly expanded powers to regulate them anyway.

Duncan MacDonaldConsultantDuncan McDonald

Bankcard industry lobbies Congress to leave interchange fees alone

September 22, 2009

Analysis of:Lafferty Group - Interchange battle rages on | www.lafferty.com

The primary story here is not the card industry's standard defense of bankcard interchange fees. It is that Visa and industry trade associations are responding to the clear and present danger that an angry Congress is going to side with merchants by enacting a law to limit interchange fees. Their defense of the fee is that polling of consumers shows a wide majority in favor of charging merchants for accepting cards. But it doesn't address whether current fees are too high and unfairly applied.

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?

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.

Fourth Amendment Protections for the Digital Age

August 29, 2009

Analysis by: GLG Expert Contributor

Analysis of:9th Circuit Sets Doctrine for Electronic Searches Finds Steroids Case Seaarch Unlawful | www.law.com

United States v Comprehensive Drug Testing Inc 09 C.D.S.11022. In this case the 9th Circuit sets forth an extension of the Fourth Amendment to the 21st Century.The cited case restricts the "Plain View Doctrine" in searches of computer based information.

Sexual Harassment Allegations Investigate Carefully

August 29, 2009

Analysis by: GLG Expert Contributor

Analysis of:Antimale Remark Sparks Title VII Claim | www.insidecounsel.com

A male was accused of sexual harassment by a female coworker.The accused employee was offered two choices - resign or be fired.The employer requested a police investigation who did not find evidence to support criminal charges.

Foreign Corrupt Practices Act Reach May Be Longer Than You Think

August 10, 2009

Analysis by: GLG Expert Contributor

Analysis of:Fraud Spotlight on Hollywood | www.ft.com

Even though filmmakers and studios may view such cash inducements to foreign officials as "common" ways to obtain or retain business abroad, it is still illegal under the U.S. Foreign Corrupt Practices Act (FCPA).   However, the law is ambiguous as the "bright line" compliance standard lawmakers and affected interests have sought since enactment remains elusive. Enforcement can be unpredictable and attendant civil and criminal penalties can be very significant. 

Local or wide spectrum behavior analysis. (Which is more effective)

August 9, 2009

Analysis by: GLG Expert Contributor

Analysis of:The Web Knows What You Want | www.businessweek.com

This article is to inspire users to have a closer look at the online computing techniques that are trying to think for us in many areas of our lives. I have said in my other articles that the King of the information highway will be the one who controls the bandwidth and the access. Those same consortiums will also control what data people need and how quick they can get it. My prediction is that information increments will be the point of sale.

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