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Financial Benchmarks Manipulation – Are Regulators and Litigators Looking at the Wrong Activities?

Posted in Liability Standards, Securities

What happens when financial regulators are trying to look at and regulate the wrong subject? Even more financial fraud? The point is raised by an new article on the various “benchmark manipulation” cases, such as LIBOR.    The thesis is outline in an August 27, 2104 Blue Sky blog post by Andrew Verstein, and the article itself… Continue Reading

Delaware Jurists Write on Contracts and Alternative Entities – Presumably Many Will Listen

Posted in Law Review Articles, Liability Standards, Securities

“No brainer.” That phrase often was used when I was a baby lawyer.  It’s an apt phrase regarding whether to read a new article from leaders of the Delaware court system.  Francis Pileggi at his blog on Delaware law offers a different set of words to explain the situation (his post is where I learned… Continue Reading

The New Alta Gracia Brand of Collegiate T- Shirts, Living Wages, and American Colleges and Universities Asking US Businesses to do Better than Just Acting “Legally”

Posted in Liability Standards

Yesterday’s post touched on the disquieting situation in which businesses appear to act irresponsibly when conducting operations overseas. That is, the action may be irresponsible, but the business defends itself with the argument that it acted “legally.”  What that means in the real world is that the business feels able to claim that there was no statute explicitly prohibiting its precise… Continue Reading