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Climate change and global warming create numerous complex and unique problems that must be addressed by today's world leaders, and the legal profession as well. Unfortunately, there is no simple solution to many of these problems and, because they are newly emerging, there is no proven method for solving them. However, effectively addressing these problems will require awareness, creativity, and collaboration. The world's diplomats, politicians, business and industry leaders, scientists, lawyers and activists must work together to create achievable solutions. This article examines four avenues for addressing the problems of climate change and global warming: international diplomacy, litigation, regulatory agency action, and legislation. Various aspects of these avenues impact product manufacturers and, in turn, product liability litigation.
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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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