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Statistical analysis of federal litigation provides a unique insight into particular judges involved in a case, including information on the probable timing/outcomes of cases, and what significant motions are generally granted or denied before a federal judge. Answers are based on verifiable facts, rather than anecdotal assumptions, and provide interested parties with more accurate data.
This type of analysis is particularly interesting for the recent federal Vioxx litigation. Vioxx, a Cox-2 inhibitor used for the treatment of pain, was withdrawn from the market by its manufacturer, Merck & Co., Inc., in September 2004 because of an apparent increased risk of heart attack and stroke. In February 2005, the federal Judicial Panel on Multidistrict Litigation transferred all pending federal Vioxx product liability cases to Judge Eldon E. Fallon of the U.S. District Court for the Eastern District of Louisiana ' transfers conventionally referred to as Multidistrict Litigation (“MDL”) transfers.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.