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Perspective: Liable Until Proven Innocent
Joshua S. Sohn, a partner at DLA Piper, writes that, although the intention of Congress when it passed the PSLRA was to empower district court judges to protect defendants from frivolous, implausible litigation, the prevailing application of §§11 and 12(a)(2) typically allows such litigation to proceed past motions to dismiss and into discovery. District courts, however, can demand more from plaintiffs in §§11 and 12(a)(2) cases; they can insist that their complaints set forth a plausible theory, one that makes sense and alleges that the non-issuer defendants acted wrongfully.Matter of 49 WB LLC, petitioner v. Village of Haverstraw, respondents
Eminent Domain Creating Less Affordable Housing Than if Not Exercised Not Related to Public PurposeThe NLJ Client List�Who Represents Corporate America
The National Law Journal and Corporate Counsel magazine surveyed the legal departments of the Fortune 250 companies and reported on which law firms they use most often.Gas golden age darkens in Europe on U.S. coal: energy markets
Europe is missing out on the natural gas boom that is transforming energy use in the U.S. and Asia, instead burning cheaper, dirtier coal imported from America.More tan half of Americans want Fed reined in or abolished
A majority of Americans are dissatisfied with the nation's independent central bank, saying the U.S. Federal Reserve should either be brought under tighter political control or abolished outright, a poll shows.Spill Act Recovery Requires a Nexus Between Pollution and Party Charged
In a win for business owners hit with environmental cleanup costs, New Jersey's Supreme Court holds regulators can't recover money without proof of a connection between the pollution and the allegedly responsible entity.IBM earnings, Apple iPad sales point to tech spending boom
IBM, the world's largest computer-services provider, and Apple Inc., maker of the iPhone and iPad, announced earnings that beat analysts' estimates, adding to evidence of a rebound in corporate spending on technology.Trending Stories
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