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Most US exports may be suffering, but the export of US law is working very well, or perhaps I should say, very effectively.

You missed the latest news, though -- pension fund trustees now not only "have a legal obligation to file claims", but a legal obligation to file any and all claims for which the expected settlement value is greater than the expected litigation cost, presuming that the most effective means of twisting the facts and law are employed against the weakest targets. Failure to do so will of course make them subject to similar litigation.... Ooops, I was mistaken. That isn't news, it merely seems like the next logical step.

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by technopolitical on Sat Dec 23rd, 2006 at 06:15:13 PM EST
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