In most jurisdictions, corporations live on forever unless and until they are dissolved by shareholder action, operation of law or court order.
That is the conclusion of Joseph Grundfest, a securities class-action expert, professor of law and business at Stanford Law School and former commissioner at the Securities and Exchange Commission.
Do you worry at all this ruling politically will help provide momentum for either starvation of the health care law through lack of funding or stronger action against the health care law?
In reaching my conclusion, I have taken account of the fact that on a number of previous occasions, including in relation to Operation Desert Fox in December 1998 and Kosovo in 1999, UK forces have participated in military action on the basis of advice from my predecessors that the legality of the action under international law was no more than reasonably arguable.
Some commentators have already begun to claim that the case will have significant effects for the entire field of class action law.
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Dewey said the Ninth Circuit allowed the plaintiff lawyers to sidestep a number of onerous provisions of class action law by certifying the class under a provision providing for injunctive relief.
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Such action evokes the Law of Unintended Consequences.
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The money will be paid from a multi-million dollar settlement the Swiss banks negotiated with Holocaust survivors and relatives in 1998, following a series of class action law suits against them in the United States.
Extension of a private right of action under U.S. law would supersede the policy choices of other sovereign nations by effectively regulating securities transactions in those nations and thereby interfering with the jurisdiction of their regulatory authorities.
In addition, the theory of homeopathy actually defies conventional scientific understanding--in particular, the law of mass action, which demands that the rates of chemical reactions be proportional to the concentrations of substances involved.
The current series of Law in Action is on air from Tuesday 8th June 2010 to Tuesday 29th June 2010.
He called the the military action "a violation of international law" and said he would ask the United Nations and the Security Council Thursday to hold allied forces accountable for the attacks on Iraq.
Nor is this the only legal action raising concern about use of the law in Malaysia.
According to my source, there is a right of private action where law firms will find private plaintiffs e.g.
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The President of the Edinburgh Bar Association, the organisation which represents defence lawyers, said the action had the full backing of the Law Society of Scotland.
President Enrique Pena Nieto has promised that the Cassez case will not be repeated and urged the interior ministry and the attorney general's office to ensure that all police action takes place within the rule of law and respect for human rights.
Just for starters, two years ago, the affirmative action case out of the University of Michigan, you know, she was the person who wrote the opinion that said that the affirmative action policy at the University of Michigan Law School, not the undergraduate school, was constitutional.
Class-action suits have long been a way for common consumers to use their strength in numbers to address grievances and apply accountability against companies but have recently hit high walls since the business-friendly Class Action Fairness Act of 2005 was passed (See "Class-Action Law Gums Up Courts").
Of those, only five were able to persuade law enforcement to take action on their cases, and of the five, only one has gotten relief as a result of their complaint.
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Solicitor Rhian Morgan said the action was being brought under the Law of Private Nuisance on the grounds of the residents having "unreasonable interference with enjoying their property".
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Even if it is in the best interests of 80% of society, society includes the other 20% who used to be free to pick a better course of action and now are forbidden by law.
One of the biggest impacts may come in employment law, where class-action attorneys are pressing lawsuits on behalf of thousands and even millions of employees over wages, hours, discrimination and working conditions.
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Assuming it makes sense to create a workplace cause of action for intentionally inflicted emotional distress that does not meet the requirements of the common law tort, this bill, with its ill-defined and hopelessly broad restrictions on workplace conduct was not the measure to do it.
Whatever the reason, the unprecedented legal action is a modest advance for the rule of law and a public affirmation of the rulers' responsibility to their subjects.
This is the law of unintended consequences in action.
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At a minimum, Commerce should defer further decontrol action pending the outcome of a report required by law last year on the foreign availability process due to be submitted to the Congress on 15 April.
There is still substantial room for differences of opinion which may explain why, while Mr Bork is advising Netscape in the Internet firm's encouragement of antitrust action against Microsoft, many other law-and-economics theorists have lined up on Microsoft's side.
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Fearing he would use violence-as he had before-to trample the rule of law, the Supreme Court took action.
" Mr. Bauer claimed that the nonprofit, as a 501(c)(4), was committing a "knowing and willful violation" of election law, and wanted "action to enforce against criminal violations.
"The recent impact of Hurricane Katrina on the federal courts in Louisiana, Alabama and Mississippi has increased the urgency of congressional action regarding this proposal, " the law says.
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