At ALI’s Annual Meeting on Monday, May 22, members voted to approve the Tentative Draft No. 2 of the Treaties portion of the Foreign Relations Law Restatement. New content reviewed and approved at this meeting includes the following in the Treaties draft.
The saga of the proposed Restatement of the Law, Liability Insurance of the American Law Institute continued to unfold recently with the publication by the Restatement’s authors, professors Tom Baker and Kyle Logue, of their rebuttal to an article by professor George Priest critical of the proposed Restatement.
In a recent essay funded by the insurance industry, Yale Law Professor George Priest launched a strident critique of the Restatement project, arguing that the rules adopted in the Restatement (a) are radically contrary to existing case law, (b) have a naïve “pro-policyholder” bias that ignores basic economic insights regarding how insurance works, and (c) will, as a result of (a) and (b), lead to increases in liability insurance premiums and disruption in coverage, to the detriment of individuals and firms that need liability insurance. This essay argues that each of these claims is false.
This post is a presentation of information found in Tentative Draft No. 5 of the International Commercial Arbitration project. This will be presented at the 2017 Annual Meeting.
In a memorandum issued today by Attorney General Jeff Sessions, federal prosecutors are directed to pursue the most severe penalties possible.
The issue as to whether Comanche Nation waived its sovereign immunity with respect to a binding arbitration clause contained in gaming machine vendor agreements signed by the Tribal Chairman on behalf of the tribe was brought before the Court of Indian Appeals for the Southern Plains Region in Anadarko, Oklahoma.