Trial Lawyer Bailout: Yes, There Would Political Fallout
Daniel Fisher of Forbes.com reacts to today’s news that the litigation lobby could win a $1.6 billion tax favor from the U.S. Treasury. From the On the Docket column, “Treasury May Give Trial Lawyers a...
View ArticleSen. Specter Wants to Expand Reach of Securities Fraud Lawsuits
Sen. Arlen Specter (D-PA) chaired a Senate Judiciary Committee hearing last week on his bill, S. 1551, the Liability for Aiding and Abetting Securities Violation Act. Specter’s legislation would return...
View ArticleLegislation, Litigation or Appropriation?
The cover of the latest “Skeptical Inquirer” prompts us to go back and review the testimony of a Senate Appropriations subcommittee hearing held on Monday, September 14, on the health effects of cell...
View ArticleCard Check Legislation – An Agreement?
Roll Call has a story discussing the role of organized labor groups in the Pennsylvania Senate primary race between Rep. Joe Sestak (D-PA) and Sen. Arlen Specter (D-PA.) It discusses the role that the...
View ArticleReversing Stoneridge, Expanding Litigation
From The Blog of the Legal Times: [Sen. Arlen] Specter has proposed an amendment to the pending financial regulatory overhaul that would override the U.S. Supreme Court’s decision in Stoneridge...
View ArticleThey Should Change the Bill’s Title to ‘Financial Litigation Act’
Sen. Arlen Specter today will take to the Senate floor to argue for his amendment to expand the liability for manufacturers for violations of securities law in which the companies played NO PART. The...
View ArticleThe Many Injurious Provisions of the Financial Regulation Bill
While the National Association of Manufacturers has made the investment-discouraging derivatives provisions of the financial regulation bill its focus of attention, S. 3217, other sections of the bill...
View ArticleMoving Toward A Vote on the Financial Regulation Bill
Senate Majority Leader Harry Reid (D-NV) filed two cloture motions on Monday to bring to a close debate on S. 3217, the financial regulation bill, and the Dodd substitute bill, which will embrace all...
View ArticleTough Night for the Card Check Crowd
Sen. Arlen Specter, as (R-PA) was an original cosponsor of the Employee Free Choice Act when Sen. Kennedy introduced the bill (S. 842) in 2005. He subsequently moved away from the bill, but then in...
View ArticleSponsor This Bill, Lose Your Primary
Rep. Artur Davis (D-AL) lost his Democratic primary race for governor of Alabama Tuesday, falling to state Ag Commissioner Ron Sparks by 65-35 percent. Davis is the sponsor of H.R. 2519, to allow the...
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