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Tag Archives: Legal

Federal Judge Upholds Indiana University’s COVID-19 Vaccine Requirement

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. In what appears to be the first but undoubtedly will not be the last legal ruling on COVID-19 vaccine requirements, U.S. District Court Judge for the Northern District of Indiana Damon R. Leichty ruled  on Sunday that Indiana University may mandate students submit proof of vaccination before returning to campus this autumn. Eight undergraduate and...

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DoJ Bankruptcy Trustee Lambastes Provisions to Protect Sacklers in Purdue Bankruptcy Exit Plan as “Illegal”

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Last week, when I last wrote about the Purdue bankruptcy exit plan, it looked like the Sackler family would get to keep most of their fortune, and receive immunity from third-party lawsuits for claims related to the role they played in the opioids epidemic. Fifteen states had signalled, including previous stalwarts of state opioids litigation...

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California Senate Shoots Down CalPERS’ Private Debt Secrecy Bill; Board Hissy Fit Reveals It Never Questioned Staff Misrepresentations

Is CalPERS’ influence in Sacramento finally slipping? While one robin does not make a spring, CalPERS’ arrogant and dishonest treatment of beneficiaries, the public, and as a result, California legislators, backfired in the form of a defeat on a private debt secrecy bill that CalPERS had touted as crucial to meeting its return targets. Yesterday, the California Senate Judiciary Committee shot down a CalPERS-only bill, AB 386, on a vote of 3 in favor, 4 opposed, and 4 abstentions. That level...

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When Counterculture Goes Mainstream: A Dispatch from the 2021 Bitcoin Conference

Yves here. Please welcome Taryn Fivek, who technically is an economist but as you will see does un-economist-like things, such as conducting her own research and even worse, talking to real people. Here, a key finding from her participation in the 2021 Bitcoin conference is that even though the participants presumably have done well with Bitcoin, they see crypto as an ideological, even evangelical movement. Taryn gives a “You are there” sense of the confab. Maybe I’ve spent too much time in...

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Steve Wozniak Endorses the Right to Repair

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Last week was a big one on the right to repair beat. As part of his broad executive order to promote competition in the U.S. economy, President Joe Biden directed the Federal Trade Commission (FTC) to crack down on restrictions that limit the ability of consumers to repair products they own. According to Verge, President Joe Biden’s latest executive...

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Trump Can’t Beat Facebook, Twitter and YouTube in Court – but the Fight Might Be Worth More Than a Win

Yves here. I must confess to not having read the Trump class action lawsuit against various major tech platforms. And one reason I haven’t is that the press accounts depicts the arguments as muddled. That is likely not to be media bias. The suits seeking to overturn key 2020 races were very poorly framed and substantiated. To me, the key issue is whether the legal case is adequate for the filing to survive a motion for summary judgement. I believe Trump’s core argument is that the tech media...

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U.S. Government’s Witness Against Assange Admits He Lied

Yves here. Sadly this Assange bombshell seems unlikely to derail the case against him, since the forces allied against him seem overwhelming. Or the informant who told the press he lied could    recant on the stand and say he fabricated his media account. By Thomas Neuburger. Originally published at God’s Spies It looks like the U.S. government’s case against Julian Assange is falling apart. One of its most important witnesses has now confessed to lying. Via the late Robert Parry’s site,...

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J & J Agrees to Pay New York $230 Million to Settle Opioids Lawsuit; Global Settlement Soon?

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. New York State Attorney General (AG) Letitia James yesterday announced a $230 million settlement agreement with Johnson & Johnson (J & J) of opioids claims, shortly before a trial was scheduled to begin on Tuesday in Long Island. From the press release issued by James Today’s agreement also makes enforceable a bar stopping J&J and all of...

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Supreme Court Rules 9-0 Against NCAA, Opening Door to Further Antitrust Challenges of Student-Athlete Compensation Bans

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The United States Supreme Court  unanimously ruled Monday that the National Collegiate Athletic Association (NCAA) cannot prohibit its member schools from providing athletes with certain forms of education-related benefits, including paid post-graduate internships, graduate school scholarships, or free laptops or musical instruments. The Supreme Court...

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Supreme Court Dismisses Obamacare Challenge, Leaving Existing Health Care Insurance System in Place

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The United States Supreme Court ruled 7-2 today in California v. Texas that Texas, several Republican- leaning states, and two individuals  lacked standing to bring a constitutional challenge to the Affordable Care Act (ACA) as none could show the sufferering of a particularized injury. This is the third time the Court has upheld the ACA. In 2012,...

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