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The Products Liability Act, the Economic Loss Rule and the Integrated Product Doctrine
This article provides a summary and analysis of the recent New Jersey Supreme Court decision, Dean v. Barrett Homes, Inc., 204 N.J. 286 (2010). This case is of particular interest as it dealt with the application of the New Jersey Products Liability Act, N.J.S.A. ” 2A:58C-1 to 2A58C-11, the economic loss rule, and the integrated products doctrine in a factual context not previously considered by the New Jersey Supreme Court. (The economic loss rule precludes tort-based remedies when the claim only seeks damages for harm that the product caused to itself.) Although they are separate legal principles, they often work in conjunction. Understanding their history and how they work can be helpful when considering potential strategies and defenses to use if product liability and negligence claims are brought against your client.
The Case
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
Second Circuit Reinforces Bankruptcy Code Settlement Payment Safe Harbor
The Second Circuit affirmed the lower courts' judgment that a "transfer made … in connection with a securities contract … by a qualifying financial institution" was entitled "to the protection of ... §546 (e)'s safe harbor ...."