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Top Blog Headlines 5/14/2008 8:27:31 PM EST Commercial Law in the Blogosphere LexisNexis Quality & Training/LexisNexis Law Center Staff Here’s a look at what’s happening on some of the Commercial Top Blogs:
Lawrence Solum has several posts today on the Legal Theory Blog, including one on “tolerated use.” Tolerated use is a term that refers to the contemporary spread of technically infringing, but nonetheless tolerated use of copyrighted works.
At Above The Law David Lat writes about the resignation of Paul Clement from his post as U.S. Solicitor General. Clement was well regarded for his prowess as an appellate advocate and his leadership of the SG's office. At one time he was discussed as a possible replacement for Alberto Gonzales as Attorney General.
Dale Oesterle at the Business Law Prof Blog filed a post today on the endorsement by three ex-Chairs of the SEC of Barack Obama. Oesterle doesn’t see this as an indication that an Obama presidency will be better for the markets. Two of the former Chairmen were Democratic appointees and the third, though a Republican appointee, tended to vote with the Democrats on the Commission.
Over at Conglomerate Christine Hurt writes about the Something Store, one of the most insane concepts in online consumerism ever. At the Something Store you pay $10 and get…something. You have no idea what you’ve bought until it arrives. The idea is to surprise yourself. Hurt wonders whether this might be classified as gambling. Hurt notes that the middle of a recession might not be the best time for a concept like this. Surely it have done better back when housing prices were going to go up forever or when the internet boom would never slow down.
The Wall Street Journal’s Deal Journal has a post on the loosening of lending for private-equity deals. The fear and panic that caused such a tightening of credit appears to be waning and optimism is budding on Wall Street. Market participants say the recovery is still at an early stage.
The Wall Street Journals’ Law Blog has a piece by Law Blog alum Heather Won Tesoriero on recent Vioxx litigation. A Texas state appellate court kicked a multimillion dollar Vioxx verdict to the curb, ruling that there was insufficient evidence linking the drug to a heart attack suffered by the plaintiff’s spouse. Two years ago, a jury awarded Felicia Garza $32 million over her husband’s fatal heart attack, a sum that was later reduced to $7.75 million under state damages caps.
TheCorporateCounsel.net Blog has a post on the changes afoot in the audit industry. The post links to a podcast by Francine McKenna, CEO of McKenna Partners that discusses some of the new structural developments to be put in place by the big four accounting firms as they attempt to adapt their industry to a globalized world. Create an account or login to post comments.
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