During President Harrison's administration, only eight corporations were accused of violating the new anti-trust law.
VOA: special.2010.06.03
This is a classy, conscientious, well-acted drama, but it's hardly a revelation that law firms get rich defending immoral corporations -- sad to say, that truth is already out there.
Despite what I find to be unnecessarily misleading language in the ATRA, it certainly appears that the new law will NOT shorten the 10-year recognition period for corporations electing S status in 2012 or 2013.
Their argument: The lower court's decision is in line with common law, which gives people the right to sue corporations for punitive damages when a manager (or a captain, in this case) was reckless.