6,672 results
Search Results
152. LITIGATING REGULATION: CORPORATE STRATEGY IN TELECOMMUNICATIONS.
- Author
-
de Figueiredo, John M.
- Subjects
CORPORATION law ,DELEGATED legislation ,COMMERCIAL law ,CORPORATE political activity ,JUDICIAL selection & appointment ,ORGANIZATIONAL ideology ,POLITICAL affiliation ,REGULATORY approval ,ACTIONS & defenses (Law) - Abstract
One of the more effective tools corporations have to affect the business environment is litigation. If a company cannot secure effective regulation in the political environment of Congress and legislatures, it can strategically challenge administrative agency rulings in the courts. This element of business political strategy, as a follow-on to the more traditional elements of strategy in the institutional environment, has often been overlooked in the literature. This paper examines the role of judicial ideology in affecting the selection and outcome of regulatory cases companies bring to litigation. Using a dataset on Federal Communications Commission orders and trials from 1990 to 1995, this paper shows that changes in the make-up of the bench of the D.C. Circuit Court of Appeals affects not only who wins the cases, but also the cases selected for litigation. Specifically, firms are more likely to bring cases when the agency decisions are ideologically distant from the bench than when the two are actors are close ideologically. Judges, who are subsequently randomly selected, vote ideologically as the firms' actions predict they will, with Republican judges overturning Democratic agency decisions and vice versa. However, the shifts in behavior of the firms are larger than the shifts in the behavior of the court. Integrating political science perspectives into the litigation decisions of companies can enhance our understanding of the business political strategies of firms. [ABSTRACT FROM AUTHOR]
- Published
- 2000
- Full Text
- View/download PDF
153. Colleges and Campus Papers Square Off Over Sexual Assaults.
- Author
-
SAUL, STEPHANIE
- Subjects
- *
SEXUAL assault , *COLLEGE student newspapers & periodicals , *UNIVERSITIES & colleges , *ACTIONS & defenses (Law) - Abstract
The article reports on the disputes between universities and student newspapers in the U.S. over the transparency of sexual assault cases. Topics discussed include lawsuit filed by the University of Kentucky against campus newspaper "The Kentucky Kernel," remarks from University of Kentucky President Eli Capilouto, and information on the sexual assault case against entomology professor, James Harwood.
- Published
- 2016
154. Legal Issues Surrounding Single-Sex Schools in the U.S.: Trends, Court Cases, and Conflicting Laws.
- Author
-
Brown, Christia
- Subjects
SINGLE sex schools ,NO Child Left Behind Act of 2001 ,SINGLE sex classes (Education) ,PUBLIC schools ,SEGREGATION in education ,GENDER stereotypes ,EDUCATION & politics ,ACTIONS & defenses (Law) ,EDUCATIONAL law & legislation ,GENDER differences in education ,LAW - Abstract
The No Child Left Behind Act of 2001, followed by the 2006 U.S. Department of Education regulations, represented a drastic change in American public policy by allowing for sex segregation in public schools-as long as it is voluntary, students are provided a substantially equal co-educational option, and the segregation substantially furthers an important governmental objective. Although existing federal and state laws explicitly ban sex segregation, the Courts have historically allowed single-sex schooling within higher education if it does not perpetuate gender stereotypes. Because of the recent public policy changes, there has been a rapid increase in single-sex education within the U.S. public elementary and secondary school system. Many of the now single-sex public schools, however, began segregating because they believe that boys and girls should be taught differently due to innate differences in learning styles and interests. The result is that many of these schools base their educational practices on gender stereotypes. This contradiction of existing laws and precedents has resulted in ongoing lawsuits. This paper offers a review of the legal issues and court cases surrounding single-sex education in the public school system. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
155. Police incident at campus dorm leads to FOIA request from paper.
- Subjects
ACTIONS & defenses (Law) ,COLLEGE student newspapers & periodicals ,DISCLOSURE ,FREEDOM of Information Act (U.S.) ,POLICE reports ,UNIVERSITIES & colleges - Abstract
The article discusses a court case wherein a police incident at a dormitory in Michigan State University (MSU) led to a request for detailed information by the student-run periodical, "State News," invoking the Freedom of Information Act (FOIA). In State News v. Mich. State Univ., the Michigan Court of Appeals reversed the trial court's determination that an MSU police report was exempt from disclosure under Michigan's FOIA. The court of appeals found the arguments of both parties to be weak.
- Published
- 2007
156. White House May Try to Broaden President's Privacy Privilege As It Fights GAO Suit Over Papers.
- Author
-
Barshay, Jill
- Subjects
ACTIONS & defenses (Administrative law) ,ACTIONS & defenses (Law) - Abstract
Reports on the lawsuit filed by the General Accounting Office (GAO) in the U.S. District Court in Washington, D.C. on February 22, 2002 to force the government to disclose who attended the meetings of Vice President Dick Cheney's energy task force in 2001. Highest ranking litigator in the government; Arguments of the GAO in its suit; Significance of the zone of privacy.
- Published
- 2002
157. The Health Care Political Litigation: The Patient Protection and Affordable Care Act In Court.
- Author
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Lenz, Timothy O.
- Subjects
- *
MEDICAL policy laws , *HEALTH policy , *MEDICAID , *NATIONAL Federation of Independent Business v. Sebelius , *ACTIONS & defenses (Law) ,PATIENT Protection & Affordable Care Act - Abstract
A conference paper on political litigation challenging the U.S. Patient Protection and Affordable Care Act (ACA), presented at the Annual Meeting of the Southern Political Science Association, Orlando, Florida from January 3-5, 2013, is presented. Topics discussed include challenges imposed on the constitutionality of the ACA, the 2012 Supreme Court case Sebelius v. The National Federation of Independent Business and lawsuits on Medicaid expansion.
- Published
- 2013
158. USING TECHNOLOGY INSIDE & OUTSIDE THE COURTROOM.
- Author
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LOUNSBERRY, JONATHAN W.
- Subjects
FAMILY law courts ,ACTIONS & defenses (Law) ,LAW offices ,LAW firms ,AUTOMATION - Abstract
The article discusses the integration of technology in family court litigation process in the U.S. Topics mentioned include the law firm McLaren and Lee in Columbia, South Carolina, trial presentation and document management, and electronic versions of paper exhibits and evidences. It also mentions fact-finding through hearing or auditory, seeing or visual, and doing or kinesthetics.
- Published
- 2015
159. Dura's Effect on Securities Class Actions.
- Author
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Duncan, Scotland M.
- Subjects
PUBLISHED reprints ,DURA Pharmaceuticals Inc. v. Broudo (Supreme Court case) ,CLASS actions ,SECURITIES ,ACTIONS & defenses (Law) - Abstract
Each year, the Section of Business Law sponsors the Mendes Hershman Student Writing Contest to encourage and reward law student writings on business law subjects of general and current interest. Essays submitted for consideration must be the work of the submitting student without substantial editorial input from others. The papers are judged on research and analysis, choice of topic, writing style, originality, and contribution to the literature available on the topic. Depending on the topic, whether the paper has been previously published, and other factors, the winning essay is considered for publication in The Business Lawyer. The winning essay for the 2009-2010 contest was submitted by Scotland M. Duncan. M r. Duncan's paper has previously been published in Volume 27 of the Journal of Law & Commerce, so it is not being republished here. M r. Duncan was awarded the Mendes Hershman Student Writing Contest Prize at the Section's luncheon at the Spring Meeting in April 2009. [ABSTRACT FROM AUTHOR]
- Published
- 2010
160. The Impact of Citizens United in the States: Independent Spending in State Elections, 2006-2010.
- Author
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Hamm, Keith E., Malbin, Michael J., Kettler, Jaclyn J., and Glavin, Brendan
- Subjects
- *
CITIZENS , *ELECTIONS , *ACTIONS & defenses (Law) , *POLITICAL parties - Abstract
There can be no denying the profound changes in U.S. campaign financing since the U.S. Supreme Court's January 2010 decision in Citizens United v. Federal Election Commission. Nevertheless, there has been confusion about the extent to which the decision should be seen as the primary explanation for what has occurred. This paper begin to disentangle the strands through an analysis of independent expenditures in elections at the state level in 2006 and 2010 from new data gathered and supplied by the National Institute on Money in State Politics. The paper's findings tend not to support some key claims being made on both sides of the contemporary political debate surrounding independent spending. First, contrary to statements made by some of the decision's critics, we find that Citizens' United itself did not have a noticeable direct effect on independent spending in 2010 - although this could, of course, change. Increases were more or less comparable in states that prohibited corporate spending before the decision and those that did not. However, the paper also addresses one of the claims normally associated with the opposite side of the political spectrum. It is often said that limiting contributions to the political parties (ending "soft money") has displaced party money, increasing independent spending by unaccountable non-party organizations. We find that party contribution limits have indeed displaced some party independent spending in the years and states we studied. However, the displacement has been not been toward ideological groups, umbrella organizations or vaguely defined party networks, but rather toward national organizations of state elected and party officials who are acting as party organizations in all but the most formal sense of that term. [ABSTRACT FROM AUTHOR]
- Published
- 2012
161. Smack down: copyright cases head to court (part 1).
- Author
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Medeiros, Norm
- Subjects
COPYRIGHT infringement ,ELECTRONIC information resources ,COPYRIGHT of digital media ,ACTIONS & defenses (Law) ,FAIR use (Copyright) ,UNIVERSITIES & colleges - Abstract
Purpose - This paper aims to highlight two recent copyright controversies that have implications for academic institutions in the USA. Design/methodology/approach - The paper focuses on the copyright infringement case against Georgia State University, detailing aspects of the lawsuit as they are noted in the complaint. Findings - The paper recognizes the well-documented case against Georgia State University is strong, especially given contemporary views on fair use. Originality/value - This paper offers depth to important copyright stories that may affect US institutions. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
162. TRANSNATIONAL LEGAL ARGUMENTS IN U.S. SUPREME COURT LITIGATION, 1979-2010.
- Author
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Narasimhan, Angela G.
- Subjects
- *
ACTIONS & defenses (Law) , *LEGAL judgments , *INTERNATIONAL law , *PUBLIC law - Abstract
For many decades, Supreme Court justices and legal scholars have argued over the validity of different tools in constitutional interpretation, including social science data, public opinion and, most recently, laws and standards of decency from abroad. Although several of those currently on the bench maintain that foreign laws have no place in American constitutional adjudication, the larger universe in which their institution operates has become increasingly transnational since the end of the Cold War. The term judicial transnationalism has been coined to describe this phenomenon, characterized by unprecedented levels of interaction and exchange between foreign courts and legal activists. This paper examines these changes, evaluating the extent to which they have resulted in higher levels or new forms of foreign and transnational participation and interest in Supreme Court cases. In doing so, it tests a common observation made about the effect of judicial globalization in the U.S. context: that because of the increasingly complex and global nature of legal structures, the Supreme Court is more likely to hear cases that involve some form of foreign or international law. By analyzing the litigant and amicus briefs filed in all cases from the 1979-1980, 1989-1990, 1999-2000, and 2009-2010 dockets, this paper attempts to determine if there has indeed been an increase in the presence of foreign law arguments made in briefs filed to the Supreme Court. [ABSTRACT FROM AUTHOR]
- Published
- 2011
163. Environmental Standing in State Courts.
- Author
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Allen, Mahalley D.
- Subjects
- *
LEGAL judgments , *ACTIONS & defenses (Law) , *STATE courts , *ENVIRONMENTAL protection , *ENVIRONMENTAL auditing - Abstract
In this paper, I begin to examine the nature of the relationship between state court decisions and the legal issue of environmental standing. Prior to the 1970s, standing rules stood as a barrier keeping many environmental groups out of the courts. The consequences were profound, and the federal courts' standing rules were a hurdle to the advancement of environmental policy. After the U.S. Supreme Court's 1972 decision in Sierra Club v. Morton, environmental interest groups have achieved more success in standing disputes in federal courts, ushering in a new era of environmental litigation and policy advancement. Despite the extreme importance of standing as a hurdle to environmental litigation, these changes in standing policy have generated very little research to date. In this paper, I present a very initial look at how environmental interest groups have fared in standing disputes in California state courts. [ABSTRACT FROM AUTHOR]
- Published
- 2011
164. The One Person One Vote Standard in Redistricting: The Uses and Abuses of Population Deviations in Legislative Redistricting.
- Author
-
Brunell, Thomas L.
- Subjects
- *
LEGAL judgments , *LEGISLATIVE bodies , *UNITED States political parties , *ELECTION districts , *ACTIONS & defenses (Law) - Abstract
Since the redistricting revolution of the 1960's, which began with a series of Supreme Court decisions that forced states to draw equally populated districts for the U.S. House and state legislative chambers, the standards for Congress and legislative districts have evolved over time. Today's standards call for virtually no population deviations for congressional districts, though legislative districts can typically deviate up to 10 percent. In practice this means that districts can vary by as much as five percent above and below the ideal population within a state. In this paper I demonstrate that these population deviations are a simple tool for those that redraw electoral boundaries to create a partisan gerrymander. If one party controls the redistricting process, districts from the opposite party are typically over populated and districts favoring the party in control are usually under populated. I demonstrate this phenomenon using data from 47 states after the 2000 round of redistricting. The paper concludes with a discussion on why that courts ought to abolish the "10-percent" rule. [ABSTRACT FROM AUTHOR]
- Published
- 2011
165. The Turing Test and the legal process.
- Author
-
Guerra-Pujol, F.E.
- Subjects
MATHEMATICAL models ,VERDICTS ,TURING test ,THOUGHT experiments ,ACTIONS & defenses (Law) - Abstract
This paper proposes a novel thought-experiment, the ‘Turing litigation game’ – or ‘Turing game’ for short. Specifically, we propose replacing the existing arcane and archaic systems of civil and criminal procedure with a simple and probabilistic litigation game resembling the Turing Test from the world of computer science. The paper is divided into six sections. Section 1 provides a brief introduction. Section 2 provides some background by describing the original Turing Test and explaining how the Turing Test resembles the process of adjudication. Section 3 then describes our proposed Turing litigation game and identifies the conditions for implementing this alternative approach to litigation, while Section 4 introduces the possibility of probabilistic verdicts (as opposed to the traditional system of binary verdicts). Section 5 reviews (and refutes) several philosophical objections against our Turing-game concept. Section 6 concludes. [ABSTRACT FROM PUBLISHER]
- Published
- 2012
- Full Text
- View/download PDF
166. EQUAL EMPLOYMENT OPPORTUNITY COMMISSION (EEOC) PERFORMANCE: HIGHLIGHTS FROM THE 2018 FISCAL YEAR REPORT.
- Author
-
Calvasina, Gerald E.
- Subjects
EMPLOYMENT discrimination ,ACTIONS & defenses (Law) - Abstract
The Equal Employment Opportunity Commission (EEOC) in releasing its 2018 Fiscal Year Report noted several impressive accomplishments included tackling of a number of operational challenges, resolving a number of lawsuits, and securing over $500 million in damages for victims of discrimination. The majority of damages recovered, $354 million, were recovered via mediation, conciliation, and settlements. $53.5 million came through litigation, and $98.6 million for federal employees and applicants in hearings and appeals. The agency handled over a half a million calls and emails and handled over 200,000 inquiries concerning allegations of discrimination. The agency resolved 141 lawsuits and filed an additional 199 lawsuits on behalf of individuals alleging discrimination in employment. The agency focused on promoting awareness on two issues in particular, the pervasiveness of sexual harassment and age discrimination in employment. In the year ahead, the agency has pledged to increase its role as an enforcer, educator, and leader in combatting all forms of workplace harassment. While the agency reported some impressive accomplishments, one area that did not receive attention was the number of complaints dismissed by the agency. This has been, over the years, a statistic the agency has chosen not to clearly address. The purpose of the paper is to review the EEOC accomplishments for fiscal year 2018 and examine what employers can expect in 2019. The paper will examine the basis of EEOC complaints and the number of complaints that are determined to have no reasonable cause. Over the years, on average, over two-thirds of all charges received by the EEOC are determined to have no reasonable cause. [ABSTRACT FROM AUTHOR]
- Published
- 2019
167. Wyo. paper fights subpoena for photos.
- Subjects
JOURNALISM laws ,NEWSPAPERS ,ACTIONS & defenses (Law) - Abstract
Reports that the Casper, Wyoming, `Star-Tribune' newspaper is challenging a federal magistrate's order that it turn over to Amoco Corp. negatives of unpublished photographs of pollution on the North Platte River. Lawsuit filed by a group of property owners against Amoco seeking damages for ground water pollution.
- Published
- 1998
168. Judgment against paper overturned.
- Subjects
NEWSPAPERS ,NEWSPAPER carriers ,WORKERS' compensation ,ACTIONS & defenses (Law) ,STATUS (Law) - Abstract
Reports on a ruling by a Workers' Compensation board which states that a newspaper carrier struck by a car is not entitled to compensation for medical bills and lost wages. Reversal of an earlier decision by Workers' Compensation Judge James Monen ordering the `Fremont Tribune' newspaper to pay 12-year-old Jennifer Larson who was hit by a car and suffered severe brain damage.
- Published
- 1994
169. Adjusting the Justice: Sandra Day O'Connor and the Making of a Supreme Court Moderate.
- Author
-
Rose, Melody
- Subjects
- *
WOMEN judges , *JUSTICE administration , *ACTIONS & defenses (Law) - Abstract
This paper analyzes the quizzical discovery that the media routinely described Justice Sandra Day O'Connor as a moderate at the time she retired from service at the U.S. Supreme Court in 2006. Despite being the architect of the intellectual framework in Casey that would later help to dismantle Roe v. Wade's central premise and invite a new, radical strategy from anti-abortion forces, when she left the bench the Court's first woman occupant was heralded as a "centrist," "moderate," and "swing voter." How Justice O'Connor came to be understood in this light is the subject of this paper. Using media analysis, the paper argues that Justice O'Connor was publicly constructed as a moderate mid-way through her tenure on the high court. Setting this public understanding of the Justice alongside her development of the "undue burden" standard and that standard's implications in the 2007 Gonzales v. Carhart case, I argue that the public persona of the justice does not reflect accurately her ideological place on the court, and was constructed by media and interest groups alike just as the justice's conservative impact on reproductive rights was unfolding. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2007
170. Power, Powerlessness and Petroleum: Indigenous Environmental Claims and the Limits of International Law.
- Author
-
Bernal, Angélica M.
- Subjects
- *
PETROLEUM law & legislation , *INTERNATIONAL law , *POLITICAL participation of indigenous peoples , *POLITICAL rights , *PETROLEUM industry , *ACTIONS & defenses (Law) - Abstract
On November 3rd, 1993, 30,000 indigenous and settler residents of Ecuador's Amazon rainforest filed a class-action lawsuit in U.S. federal court against Texaco for "environmental crimes" resulting from the company's petroleum production and dumping activities in the region. Although this case Aguinda vs. Texaco, Inc. intially appeared to represent a historic move for indigenous communities, ten years and mountains of litigation later, the challenges of indigenous groups against this petroleum behemoth have been all but squashed under the weight of the company's bottomless legal and public relations resources, as well as the political instability of the Ecuadorian Republic and its judiciary, revealing the challenges of such litigation. The aim of this paper is two fold. First, to renew scholarly attention in the Aguinda case and the obstacles encountered by non-state actors seeking social justice through international law as evidenced throughout the proceedings of this case. Second, to suggest to students of Aguinda that understanding this case and its obstacles requires greater attention to the concept of power and that a fruitful encounter for reexaming this case may be found through an engagement with political science's debate on this concept. Throughout this paper, I make the case for re-examining this case from the "perspective of power", a perspective that for theorists of power suggests the importance of translating and perhaps rethinking our insights towards an understanding of the movements of power in our globalized world. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2006
171. Shareholder access litigation and beyond.
- Author
-
Martin, David B.H. and Gumbs, Keir D.
- Subjects
SECURITIES ,CORPORATE governance ,STOCKHOLDERS ,ACTIONS & defenses (Law) ,PUBLIC companies - Abstract
Purpose – The purpose of this paper is to consider the consequences of the July 22, 2011 decision of the US Court of Appeals for the DC Circuit in the case of Business Roundtable and Chamber of Commerce v. Securities and Exchange Commission (BRT v. SEC) on current and future SEC rulemakings. The case involved the vacating of the SEC's shareholder proxy access rule. Design/methodology/approach – The paper reviews the court's findings regarding the SEC's rulemaking procedures and analyzes how those findings will inform the SEC's future actions to adopt rules in the proxy access area, as well as future SEC rulemaking in other areas. Findings – The paper finds that the SEC is unlikely, at this time, to undertake future rulemaking involving shareholder access to the proxy statement. At the same time, the SEC may well lift the stay that it voluntarily placed on related amendments to its shareholder proposal rule. These amendments would permit shareholder proposals to companies regarding access to the proxy statement. Practical implications – Companies should consider how they will respond to shareholder proposals to adopt proxy access regimes. Shareholders should consider what kinds of proposals they may wish to submit to companies regarding proxy access. Originality/value – This paper should be of interest to public companies, including investment companies, and shareholders of such companies, and their advisers, in terms of corporate governance mechanisms and engagement with shareholder concerns and inputs. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
172. Real and accrual-based earnings management and its legal consequencesEvidence from seasoned equity offerings.
- Author
-
Ibrahim, Salma, Xu, Li, and Rogers, Genese
- Subjects
ACCRUAL basis accounting ,UNITED States. Sarbanes-Oxley Act of 2002 ,ACTIONS & defenses (Law) ,CORPORATE profits ,CORPORATE finance - Abstract
Purpose – Prior research suggests that firms manipulate earnings through accruals to achieve certain reporting objectives. Recently, especially following the Sarbanes-Oxley (SarbOx) Act, researchers have turned their attention to real account manipulation as an alternative. However, there is no evidence on whether the likelihood of being detected by outsiders is different for firms using these alternative manipulation methods. The purpose of this paper is to examine this research question in the context of seasoned equity offerings (SEOs). Design/methodology/approach – First, the authors compare SEOs to a matched sample of non-SEOs to document income-increasing manipulation. Next, they identify SEOs that prompt lawsuits and compare sued and non-sued firms to determine whether using a particular method of manipulation is more likely to be detected and associated with litigation. Findings – The authors find evidence of income-increasing accrual and real manipulation for SEOs in the year prior to the offering in the pre-SarbOx period, and find some evidence of a shift to real account manipulation post-SarbOx. The authors examine the subsequent litigation pattern of these SEOs, and find that firms that are subsequently sued have a higher prevalence of income-increasing discretionary accruals when the lawsuit allegations involve accounting issues. Following SarbOx, investors are paying less attention to accrual manipulation through accounts receivable and there is more scrutiny of real account manipulation. Originality/value – The implication in this paper is that firms that engage in income-increasing earnings management are more likely to be sued when they engage in accrual manipulation while other forms of manipulation may be less understood. This finding is important to investors and regulators. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
173. POLICY CHOICES IN DEFINING THE MEASURE OF ANTITRUST DAMAGES.
- Author
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Page, William H.
- Subjects
ANTITRUST law ,ANTITRUST investigations ,FINES (Penalties) ,COMPENSATION (Law) ,ACTIONS & defenses (Law) - Abstract
The article examines the issues raised concerning the Green Paper perspective of private antitrust litigation. It provides a brief history of the American treble damage remedy and the theoretical measure of an optimal antitrust penalty. It also discusses how the model of the optimal penalty can influence choices that affect the measure of damages through the doctrines of antitrust injury and standing. Moreover, the roles of the multiplier and prejudgment interest are also presented.
- Published
- 2011
174. Testing a Case On Its Own Terms: An Examination of Taxpayer Lawsuits.
- Author
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Schneider, Matthew M.
- Subjects
- *
TAXATION , *ACTIONS & defenses (Law) , *COURTS - Abstract
In this paper, I examine how we should perceive the Double Nexus Test from Flast v. Cohen (1968). Is it a rigid test that must be met for federal taxpayers to have standing in federal courts, or is it merely a loose set of guidelines? [ABSTRACT FROM AUTHOR]
- Published
- 2005
175. A Ticket for One Day Only? Shepardizing Bush v. Gore.
- Author
-
Hoffman, Daniel N.
- Subjects
- *
LEGAL judgments , *ACTIONS & defenses (Law) - Abstract
Paper will describe court decisions citing Bush v. Gore as authority [ABSTRACT FROM AUTHOR]
- Published
- 2005
176. The Rise of the Conservative Governing Coalition and the Formation of the Rehnquist Court.
- Author
-
Chen, Paul
- Subjects
- *
COALITION governments , *POLITICAL doctrines , *FEDERAL government , *LEGAL judgments , *ACTIONS & defenses (Law) ,UNITED States politics & government - Abstract
Dahl (1957) proposed that the U.S. Supreme Court's decision-making was an extension of the policy-making agenda of the ‘governing national coalition.’ Only recently has this view been applied to the study of the Court (e.g. Chen 2002; Gillman 2002; Powe 2000). Despite scholarly recognition that conservatism has had an enormous impact on American politics and public policy over the last thirty years, little research examines the extent of that influence on the policy-making of the federal courts (but see Keck 2004). This paper seeks to understand Supreme Court decision-making, in particular the Rehnquist Court's recent federalism decisions, by examining influences beyond the justices' own policy preferences, by looking at the ideology of the Republican coalitions that consciously promoted judicial restraint and greater respect for federalism, and which viewed the courts as key instruments of national policy-making (Gillman 2002; Peretti 1999). I locate the source of the Rehnquist Court's recent federalism decisions within the strategic and systematic effort of conservatives in the Reagan and first Bush administration who sought to push the Court's agenda to the right. Conservative leaders and activists were successful in institutionalizing a conservative agenda in the federal courts by engaging in the following activities: (1) using public rhetoric to promote a view of limited government and respect for federalism; (2) staffing key policy-making agencies, in particular the Department of Justice, with people who firmly believed in and advocated on behalf of limiting government and the intrusion of federal courts into arenas of legislative policy-making; and (3) institutionalizing greater executive control over the federal judicial appointment process so as to appoint conservative judges who believed in judicial restraint and respect for federalism. [ABSTRACT FROM AUTHOR]
- Published
- 2005
177. Incomplete antitrust laws and private actions for damages.
- Author
-
Marra, Alessandro and Sarra, Alessandro
- Subjects
ANTITRUST law ,DECISION making ,PROBLEM solving ,EVIDENCE ,LAW enforcement ,ACTIONS & defenses (Law) - Abstract
Our purpose in this paper is to identify some of the implications that derive from the incompleteness of antitrust laws. Since with regard to certain anticompetitive conduct, the law remains substantially incomplete up to the first relevant court judgment, in terms of policy it is worth concentrating on stand-alone claimants who, not relying on earlier judgments, face very high evidentiary requirements, while generating large positive (information) externalities for potential follow-on claimants. The paper is structured as follows. In Sect. 2, we introduce the notion of incompleteness of the laws and address the process of production of evidence in antitrust lawsuits. Sect. 3 provides a survey of EU national case law and our summary of the results puts emphasis on incomplete laws, evidentiary requirements and stand-alone lawsuits. Sect. 4 presents a framework model to distinguish the decision-making processes for stand-alone and follow-on claimants in the presence of incomplete antitrust laws. In Sect. 5 we introduce a vector autoregressive model that we test with reference to the US antitrust law enforcement regime. Sect. 6 discusses some policy options and concludes the paper. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
178. What does Merck & Co. v. Reynolds mean for the future of the statute of limitations defense in securities fraud litigation?
- Author
-
Weissman, Andrew B., Robinson, Andrea J., Davies, Christopher, Valentine, John A., Titolo, Theresa, and Birlem, Jennifer K.
- Subjects
SECURITIES fraud ,ACTIONS & defenses (Law) ,FINANCIAL markets - Abstract
Purpose -- The purpose of this paper is to analyze the US Supreme Court's April 27 decision in Merck & Co. v. Reynolds as it affects the statute of limitations defense in securities fraud cases. Design/methodology/approach -- The paper explains the background of the Merck opinion, including the limitations period under 28 USC §1658(b)(1) for private securities fraud cases, a District Court dismissal of the original complaint, and a Third Circuit reversal; outlines three principles articulated by the US Supreme Court for applying §1658(b)(1) to securities fraud claims; and discusses what the Merck decision means for private securities fraud litigation. Findings -- The Merck decision is likely to affect private securities fraud litigation in several ways, most of which will benefit plaintiffs, who will argue that their claims are not time-barred because the two-year statute-of-limitations clock begins to run later. Originality/value -- The paper provides practical guidance by experienced securities lawyers. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
179. Implications of securities class actions for cost of equity capital.
- Author
-
Chava, Sudheer, Cheng, C. S. Agnes, Huang, Henry, and Lobo, Gerald J.
- Subjects
CLASS actions ,STOCKS (Finance) ,ACTIONS & defenses (Law) ,SECURITIES ,SECURITIES trading - Abstract
Purpose -- The purpose of this paper is to investigate the effects of class action litigation on firms' cost of equity capital. Design/methodology/approach -- The paper uses three different models to estimate the cost of equity capital. To separate the impact of lawsuit filings on the cost of equity capital from that of the revelation event, a sample of lawsuits with a long lag between the disclosure events and filing dates was analyzed. Also, a comparison group study was conducted to illustrate the distinct impact of a lawsuit filing on the defendant firm's cost of equity capital. Finally, a multivariate analysis was used to examine the factors that affect the magnitude of such impact. Findings -- The paper finds that filing of a class action lawsuit results in a significant increase in the defendant firm's cost of equity capital incremental to the effect of the disclosure event. Additionally, increases in the cost of equity capital after the lawsuit filings are higher when the lawsuits involve generally accepted accounting principle (GAAP) violation and have high merit, and when the defendant firms are small and have high leverage. Practical implications -- Findings in this paper suggest that the filing of a lawsuit brings new information to the market and is likely to increase the defendant firm's cost of equity capital by increasing the perceived risk in corporate governance, information asymmetry and operation. Originality/value -- This paper reveals securities class actions increase the defendant firms' cost of equity capital. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
180. The Legal Model and Daubert?s Effect on Trial Judges? Decisions to Admit Scientific Expert Testimony.
- Author
-
Buchman, Jeremy
- Subjects
- *
TRIALS (Law) , *LEGAL procedure , *COURTS , *JUDGES , *JUSTICE administration , *ACTIONS & defenses (Law) - Abstract
The growing complexity of federal courts’ dockets and continuing political controversy surrounding tort litigation have highlighted the importance of trial judges’ treatment of scientific expert testimony. While federal trial judges have been empowered for over a century to determine the conditions under which certain kinds of evidence would be deemed admissible, the United States Supreme Court’s ruling in Daubert v. Merrell Dow Pharmaceuticals (1993) refined and redefined the trial judge’s responsibility to determine whether expert scientific evidence is suitable for presentation to a jury. In Daubert, the Supreme Court reaffirmed the trial judge’s role as a gatekeeper responsible for scrutinizing such evidence, and it specified certain guidelines that would inform judges’ decisions about admissibility. These guidelines supplanted the previous rule that admissibility decisions would hinge on whether the scientific technique underpinning an expert’s testimony was "generally accepted" as reliable in the relevant scientific community (the Frye test). Daubert was influential in several ways. It sparked a contrast between the judicial gatekeeping function with regard to scientific expert testimony, and the general preference of the Federal Rules of Evidence--Rule 702 in particular--to admit potentially relevant evidence. It also increased the judge’s role, at the expense of the jury’s, in determining admissibility. Furthermore, the expanded gatekeeping role set forth in Daubert placed additional demands on trial judges, who as a group lack specialized expertise concerning the scientific component of the disputes being adjudicated. What has been less clear is whether Daubert has made trial judges less willing to admit scientific expert testimony. Daubert stressed the need for judges to make independent assessments of the quality of the expert’s scientific evidence, and some observers (see, e.g., Faigman et al. 2000) have argued that judges subsequently defer to experts less than they did when the Frye standard of scientific consensus determined admissibility. At the same time, however, Daubert’s mandate might open the courthouse doors to theories and methodologies that are too new or too specialized to have been peer-reviewed or otherwise subjected to the scientific community’s scrutiny (Fenner 1996). As such, Daubert could have a liberalizing effect. This paper will determine what effect, if any, Daubert has had on federal trial judges’ willingness to admit scientific expert testimony. To test the expectation that Daubert has had some effect, I will perform a logit analysis of federal district judges’ admissibility rulings in tort cases following Daubert and preceding Daubert by ten years. The analysis will control for judges’ ideology (measured by the party of the appointing president), litigant characteristics, and, to determine whether strategic considerations have affected trial judges’ decision making, likelihood of reversal by an appellate panel (measured by the probability that a randomly selected three-judge panel will have a majority sharing the trial judge’s partisan affiliation). This design enables me to isolate any effects produced by the change in legal doctrine in Daubert. [ABSTRACT FROM AUTHOR]
- Published
- 2004
- Full Text
- View/download PDF
181. The Impact of Supreme Court Decisions on Congressional Activity: An Analysis of Indirect Judicial Impact.
- Author
-
Snook, Carl and McNeal, Ramona
- Subjects
- *
LEGAL judgments , *APPELLATE courts , *JUDICIAL process , *POLITICAL planning , *ACTIONS & defenses (Law) - Abstract
Historically scholars have maintained that the Court does not produce significant social or political transformations--absent intervening actors and/or circumstances (Rosenberg 1991). More recent studies (e.g. Canon and Johnson 1999; Flemming, Bohte, and Wood 1997) acknowledge a greater role by the Court in influencing society. Canon and Johnson's (1999) four populations model recognizes that the force of judicial impact within a policy area often reflects the readiness of a decision's interpreters, implementers, consumers, and others to accept that decision. Thus, the Court has audiences, and depending how each audience reacts to a judicial decision there may be a considerable impact on society. Furthermore, a decision does not have to have a direct impact in order to bring about change. If a Court decision forces the attention of other government actors to an issue, then the Court is a significant agenda setting institution (Flemming, Bohte, and Wood 1997). Therefore, agenda setting might be the mechanism by which the Court influences American politics and society. This paper explores the relationship between Supreme Court's decisions and congressional action. Using the Harold Spaeth's (2003) Supreme Court Database, we selected Supreme Court decisions that overturned federal government actions and categorized the decisions according to the policy area they impacted. Next, with the help of the Congressional Hearing Data from the Policy Agendas Project, we determined the number of congressional hearings within the issue areas covered by the Court decisions for time periods before and after the Court decision. The study used an interrupted time-series regression to explore whether congressional hearings in a policy area significantly increase in the wake of the Court decisions. Previous research on this topic has had the propensity to only focus on highly publicized cases. By selecting decisions based on whether they overturned federal law will minimize this... [ABSTRACT FROM AUTHOR]
- Published
- 2004
- Full Text
- View/download PDF
182. Conditional Strategic Retreat: The Court's Concession in the 1935 Gold Clause Cases.
- Author
-
Glick, David
- Subjects
GOLD clause ,BONDS (Finance) ,CURRENCY question ,PUBLIC finance ,ACTIONS & defenses (Law) ,ECONOMIC aspects of decision making ,UNITED States politics & government, 1933-1945 - Abstract
Though forgotten by history, the 1935 Gold Clause cases concerning abrogation of gold-indexed bonds were instantly dubbed historical landmarks. Perry v. U.S., the case addressing federal bond contracts, should be remembered as an important instance of strategic judicial retreat. Expecting that the wrong outcome would provoke an attack and harm its legitimacy, the Supreme Court granted the administration an important technical victory. This paper elucidates three conditions necessary for retreat: (1) very strong government outcome preferences, (2) signals of a direct attack, and (3) an environment which makes these threats credible. It compares the Gold Clause cases with a control case, U.S. v. Butler. It shows that the former strongly met the conditions while the latter, in which the Court made a sincere decision, did not. Finally, it refutes legal and attitudinal explanations and argues that the Perry opinion was written to grudgingly reach the strategically necessary result by granting a technical victory in the remedy. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
183. Contesting Commerce: Gibbons v. Ogden, Steam Power, and Social Change.
- Author
-
COX, THOMAS H.
- Subjects
ACTIONS & defenses (Law) ,JURISPRUDENCE ,CONSTITUTIONAL courts ,STEAMBOATS ,MONOPOLIES - Abstract
The U.S. Supreme Court case Gibbons v. Ogden (1824)
1 represents one of the most significant yet least understood cases in the history of American jurisprudence. Most accounts depict the case as a constitutional showdown between former New Jersey Governor Aaron Ogden and his estranged business partner, a Georgian businessman and planter named Thomas Gibbons. Ogden charged Gibbons with operating a steamboat on the Hudson River in violation of the Fulton–Livingston Steamboat monopoly that controlled steam travel in the state of New York. In March 1824, Chief Justice John Marshall ruled for the Supreme Court that Gibbons' federal coasting license trumped a state grant issued to Ogden by the Fulton–Livingston syndicate.2 [ABSTRACT FROM AUTHOR]- Published
- 2009
- Full Text
- View/download PDF
184. Are Your Computer Files Protected Under the Fourth Amendment?
- Author
-
Hoebich, Marianne
- Subjects
COMPUTER files -- Law & legislation ,DATA protection ,PERSONAL property policy ,COMPUTER security ,INFORMATION resources management ,COMPUTER crimes ,CRIMINAL investigation ,LEGAL procedure ,ACTIONS & defenses (Law) - Abstract
Currently, the government(s) in the United States can seize a copy of a hard drive of a computer and not violate the Fourth Amendment. This paper examines this situation and looks at ways to protect private computer files under the Fourth Amendment. This paper analyzes the historical context of the Fourth Amendment and its affinity toward tangible private property. Physical private property is protected, but intangible private property such as the information in your computer is not. It is the opinion of the author that this situation should be corrected. Since court cases influence the interpretation of the Amendment, relevant cases are discussed. Since computer forensics is the process used to submit digital evidence in a court of law, the impact of computer forensics is discussed. Seminal work in the area of the Fourth Amendment and digital information is also presented. The paper ends with suggestions on how to incorporate private computer files under the protection of the Fourth Amendment. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
185. Authority and Hierarchy in State and U.S. Supreme Court Interactions.
- Author
-
Reddick, Gavin
- Subjects
- *
STATE courts , *STATE constitutions , *ACTIONS & defenses (Law) - Abstract
This paper seeks to examine state court responses to U.S. Supreme Court remands. I look at cases that have been successfully appealed to the Supreme Court to see if the winning party prevails at the state court on remand. If they do win, I label this as deferential behavior by the state court. When a case is remanded from the U.S. Supreme Court, the state courts do not have to defer. Instead, they can avoid doing so in a number of ways, including denying that the points raised by the Court affect their decision and invoking their state constitution. I test a number of hypotheses generated by four theories of judicial behavior (simple legal, simple attitudinal, persuasion and strategic) that predict different effects of the strength of the Supreme Court mandate on the state court response. I operationalize the strength of the mandate using the number of justices joining the majority opinion and the number and type of separate opinions written in the case. I control for the form of the remand order, the level of the state court, whether the case is before or after Michigan v. Long, whether the case concerns an economic issue, whether the Court's ruing is per curiam and whether the Supreme Court opinion is more liberal than the original state court decision. I test these hypotheses on all of the cases successfully appealed from the state courts to the Supreme Court from the 1970 to 2000 terms with published state court responses. If the strength of mandate does indeed affect the way in which state courts treat remands from the Court, then it could mean that individual justices have an important role to play in determining whether or not state courts follow the U.S. Supreme Court. I find that there is evidence to support the importance of mandate strength effects, although the nature of the effect is itself surprising. [ABSTRACT FROM AUTHOR]
- Published
- 2002
186. ‘An Unfortunate Coincidence’: Jews and Jewishness in Twentieth-century English Judicial Discourse.
- Author
-
Herman, Didi
- Subjects
ACTIONS & defenses (Law) ,JUDICIAL process ,JUSTICE administration ,JEWISH identity ,AMERICAN Jews - Abstract
This paper explores the neglected area of representations of Jews and Jewishness in English legal cases. In considering judicial knowledge of ‘the Jew’, I ask three primary questions. First, how do English judges understand and represent ‘the Jew’ and in relation to what material factors do these understandings and representations change? Second, how do English judges construct racial knowledge, what rhetorical technologies are fashioned and deployed? Third, are the effects of contemporary judicial racializations of Jewishness different in substance from earlier ones? The purpose of this paper is to study the encounter between English judges and ‘the Jew’ in the twentieth century, eschewing a reading that centres ‘antisemitism’ or ‘discrimination’ in favour of one that focuses on the complex and contradictory narratives in these judgments and the kinds of work these narratives do. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
187. The American Class Action Fairness Act and Forum Shopping American-Style*.
- Author
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Linda S LM Mullenix
- Subjects
ACTIONS & defenses (Law) ,FORUM shopping ,CLASS actions ,LEGAL procedure ,JURISDICTION - Abstract
This paper looks at the practice of forum shopping in the United States and focuses on the new Class Action Fairness Act which was passed in 2005 and is one of the most sweeping legislative initiatives relating to class action litigation.The Geneva Papers (2006) 31, 357–375. doi:10.1057/palgrave.gpp.2510081 [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
188. Penn Central Precedents?
- Subjects
ACTIONS & defenses (Law) ,BANKRUPTCY ,FRAUD - Abstract
The article presents the civil suits filed by the U.S. Securities and Exchange Commission (SEC) in the 1970 bankruptcy of the Penn Central Transportation Co. in which SEC believes it to be fraud. Charges are against Chairman Stuart T. Saunders, accounting firm Peat, Marwick, Mitchell & Co., and Goldman, Sachs & Co. Moreover, SEC intends to set precedents which include information availability to buyers of commercial paper, accounting awareness, and a doctrine that alerts the directors.
- Published
- 1974
189. VI. PROCEDURAL AND MISCELLANEOUS DEVELOPMENTS.
- Author
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Curran, Kenneth J.
- Subjects
ACTIONS & defenses (Law) ,RADIANT Burners Inc. v. Peoples Gas Light & Coke Co. (Supreme Court case) ,CONFIDENTIAL business information laws ,FEDERAL regulation ,MEAT packing houses ,BURDEN of proof - Abstract
The article presents legal developments in marketing. One of the developments describes the case of United States v. St. Regis Paper Co., in which the U.S. Court of Appeals for the Second Circuit overruled a prior decision making copies of confidential census reports legal for subpoena. Another development discusses the case of United States v. Swift & Co., et al., reiterating a 1920 decree preventing Swift and four other meat packing companies from entering the retail trade or from producing other food products. A third development focuses on the Supreme Court case of Radiant Burners Inc. v. Peoples Gas Light and Coke Co., et al., clarifying that proof of damage to the welfare of the public is not necessary for the prosecution in arguing antitrust violations.
- Published
- 1961
190. Newspaper reporters and overtime.
- Author
-
Savell, Lawrence
- Subjects
REPORTERS & reporting ,OVERTIME ,WAGES ,ACTIONS & defenses (Law) - Abstract
Presents a legal point of view on overtime compensation for newspaper reporters. Newspaper exemption in the Fair Labor Standards Act (FLSA); Examination of the FLSA small newspaper clause by the United States Court of Appeals for the 3rd Circuit in the case Reich versus Gateway Press Inc.; FLSA's executive, administrative and professional employee exemption.
- Published
- 1994
191. Assessment and Diagnosis of Mental Retardation in Death Penalty Cases: Introduction and Overview of the Special “Atkins” Issue.
- Author
-
Greenspan, Stephen
- Subjects
INTELLECTUAL disabilities ,ATKINS v. Virginia ,CAPITAL punishment ,ACTIONS & defenses (Law) ,DEVELOPMENTAL disabilities ,LEGAL judgments - Abstract
The article presents an overview on the issue pertaining to the diagnosis of mental retardation in death penalty cases, particularly in the U.S. Supreme Court case Atkins v. Virginia. It offers a discussion on several papers in which the term "Atkins hearing" is derived. In addition, it explores the primary problems with the Atkins rulings as well as the diagnostic criteria that follow the definition of mental retardation.
- Published
- 2009
- Full Text
- View/download PDF
192. Kodak Fair Trade O.K.'d.
- Subjects
ACTIONS & defenses (Law) ,CORRUPTION in business enterprises ,UNFAIR competition ,PRICE fixing ,GOVERNMENT policy - Abstract
The article focuses on the decision of the U.S. Federal Trade Commission (FTC) to put an end to its fair trade lawsuit against Eastman Kodak Co. in 1955. The FTC rules that fair trade minimum pricing contracts can be signed by a manufacturer with independent retail customers. The federal agency also concludes that the practice of Eastman Kodak is exempted from the antitrust price-fixing bans.
- Published
- 1955
193. In Their Own Defense.
- Subjects
WITNESSES ,NATIONAL security ,ACTIONS & defenses (Law) - Abstract
The article reports on the testimony of Daniel Ellsberg, an employee of Rand Corp., and Anthony Russo Jr., a researcher of Rand Corp., on the criminal case charged against them in the U.S. The defendants have been accused of stealing the Pentagon Papers and breach of national security. However, the hearing did not reveal a study on the Pentagon's Viet Nam War.
- Published
- 1973
194. What the Rap Might Be.
- Subjects
CLASSIFIED defense information ,ACTIONS & defenses (Law) - Abstract
The article presents information related to the theft of U.S. Department of Defense's papers that involve criminal offenses on renowned publishing companies like New York Times Co., Washington Post Co., and Globe Newspaper Co. It focuses on the Espionage Act that could ban the work of these publishing house, and the penalty of ten years of imprisonment and 10,000 dollars could be charged. Further it discusses the trial of Daniel Ellsberg who is charged for stealing the pentagon papers.
- Published
- 1971
195. The Myth of Hush-A-Phone v. United States.
- Author
-
Tran, Jasper L.
- Subjects
TELECOMMUNICATION lawsuits ,TELEPHONE equipment industry ,MONOPOLIES ,ACTIONS & defenses (Law) - Abstract
This paper explores the history of, and addresses certain perceived procedural misunderstandings in, Hush-A-Phone v. United States (D.C. Cir. 1956) and its progeny In re Carterfone (F.C.C. 1968) to illuminate what the Hush-A-Phone Corporation actually did in its dispute with AT&T prior to the breakup of AT&T's century-long telephone monopoly. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
196. Taking Carbon Culture to Court: Civil Lawsuits as Political Manifestoes in US Climate Change Litigation.
- Author
-
Loetscher, Audrey
- Subjects
POLITICAL manifestoes ,CLIMATE change ,POLITICAL affiliation ,ACTIONS & defenses (Law) ,LOCAL government - Abstract
Faced with a government chiefly preoccupied by environmental deregulation, citizens and local governments across the US are increasingly resorting to the judiciary in an effort to respond to the challenges brought by environmental disruptions. While climate change litigation has become a worldwide phenomenon in the past half-decade, the number of cases has particularly soared in the US. This paper examines two types of climate change cases, proposing to read them as political manifestoes. The first is a series of claims filed by cities and counties, while the second is a lawsuit brought by twenty-one youths. In order to convince judges, but also citizen voters at large, of the merits of their claim, both types of lawsuit mobilize what are deemed constitutive traits of US national identity and its political and economic ethos. As a result, and while undergirded by environmentalist principles, the rhetoric of these cases fosters a national culture of unsustainability, or a system fueled by a growing ecological debt. This study contends that a change in the dominant reading of US national identity is required for the country to transition toward a sustainable mode of existence. [ABSTRACT FROM AUTHOR]
- Published
- 2019
197. MASTERPIECE CAKESHOP AND THE FUTURE OF RELIGIOUS FREEDOM.
- Author
-
MOVSESIAN, MARK L.
- Subjects
MASTERPIECE Cakeshop v. Colorado Civil Rights Commission ,FREEDOM of religion ,WEDDING cakes ,SAME-sex marriage & religion ,FREE exercise clause (Constitutional law) ,LEGAL judgments ,ANTI-discrimination laws ,ACTIONS & defenses (Law) - Abstract
The article discusses the legal aspects of religious freedom in America in relation to the U.S. Supreme Court's ruling in the case Masterpiece Cakeshop, Ltd. v. Colorado Civil Rights Comm’n which deals with cake designer Jack Phillip's decision to reject a request to create a same-sex marriage wedding cake. It states that the court ruled in Phillip's favor and found that the defendant violated his free exercise of religion rights. Colorado's Anti-Discrimination Act is assessed.
- Published
- 2019
198. Shareholder-Initiated Class Action Lawsuits: Shareholder Wealth Effects and Industry Spillovers.
- Author
-
Gande, Amar and Lewis, Craig M.
- Subjects
STOCKHOLDERS ,CLASS actions ,STOCKHOLDER wealth ,FINANCIAL market reaction ,PROFIT & loss ,LEGAL status of stockholders ,ACTIONS & defenses (Law) - Abstract
This paper documents significantly negative stock price reactions to shareholder-initiated class action lawsuits. We find that shareholders partially anticipate these lawsuits based on lawsuit filings against other firms in the same industry and capitalize part of these losses prior to a lawsuit riling date. We show that the more likely a firm is to be sued, the larger the partial anticipation effect (shareholder losses capitalized prior to a lawsuit filing date) and the smaller the filing date effect (shareholder losses measured on the lawsuit filing date). Our evidence suggests that previous research that typically focuses on the filing date effect understates the magnitude of shareholder losses, and that such an understatement is greater for firms with a higher likelihood of being sued. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
199. Hoaxster dupes ski-town papers.
- Author
-
Noack, David
- Subjects
IMPOSTORS & imposture ,PRESS releases ,NEWSPAPERS ,RADIO stations ,ACTIONS & defenses (Law) - Abstract
Reports that two Colorado newspaper fell victim to a hoaxter who put out a press release that a sexual harassment lawsuit was about to be filed against the owners of two radio stations. Publication of stories in `The Aspen Times' and the `Glenwood Independent'; Equal Employment Opportunity Commission's alleged lawsuit against Colorado West Broadcasting Inc.; Accusations against an employee of the station.
- Published
- 1999
200. Ruling may change the face of paper money.
- Subjects
ACTIONS & defenses (Law) ,HARD currencies ,DISCRIMINATION against people with disabilities - Abstract
The article reports that the U.S. paper currency is getting redesigned due to a decision taken by the Court of Appeals for the District of Columbia Circuit. The American Council of the Blind (ABC) had sued the government for such changes. It is stated that the court held the country's money responsible for discrimination against people who are blind or visually impaired. Also it is inferred that redesigning could lead to the printing of bills of varying sizes and colors.
- Published
- 2008
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