Category Archives: Uncategorized

More on Intervention in Class Actions by Non-Class Members

We posted yesterday about a recent decision of the U.S. Court of Appeals for the Third Circuit that authorized non-class members to intervene for the purpose of objecting to a district court's certification and settlement of a class action that might affect their interests. Class action lawyer Rob Bramson has made an interesting comment on […]

New Report on Serious Surgical Errors

Today, the Washington Post reported on a new study quantifying how often surgeons make "never" mistakes, i.e., mistakes that should never happen, such as leaving an object in a patient, performing the wrong procedure, or performing the procedure on the wrong body part. Apparently, between 1990 and 2010, about 500 "never" events were reported to […]

If You Violate Your Employer’s No-Personal-Use-of-Workplace-Computers Rule Have You Committed a Crime?

Read this article on that topic by Stephanie Greene and Christine O'Brien. Here is the abstract: If you spend time at work checking Facebook or shopping online you might be violating your employer’s computer policy. But you might also be committing a federal crime. For the past decade or so, courts have disagreed over the […]

Mortgage relief could become taxable if we jump off the cliff

This NYT story, though published in October, seems increasingly relevant as the fiscal cliff talks grind on without resolution. The takeaway: a 2007 tax break to exempt mortgage debt relief from being taxed as income is about to expire. Like everything else in the budget, its fate is at stake in the current fiscal negotiations.

How Bad is Unemployment? How Long Will Unemployment Rates Remain High?

I remember when "full employment" was considered achieved when unemployment did not exceed 4 or 4.5%. Now, it seems that people think of full employment as unemployment of 6 or 6.5%. The Hamilton Project has released a report on how long it will take to get to 6.5% unemployment, assuming various rates of job growth. […]

David Vladeck Leaves Position as Head of FTC’s Bureau of Consumer Protection

Here is the FTC's press release, which praises Vladeck's record of achievement as the agency's top consumer enforcer. Vladeck was in the position for the Obama Administration's first term and is returning to Georgetown Law School. The press release also announces Vladeck's successor, Charles Harwood, who will serve in an "acting" capacity. Pat Bak will […]

Libor: a new penalty, against a backdrop of business as usual

Revelations that banks manipulated the benchmark Libor rate sent shockwaves across the financial world this summer. (Libor, despite sounding like a Tolkien villian — "People of Middle Earth! We must unite in defense of the realm against the forces of Mordor and Libor!" — stands for "London interbank offered rate" and forms the basis for […]