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California’s appeals court affirmed a lower court ruling that denied an actresses’ special motion to strike a “soft-core porn” production company’s counter-suit against her. A secondary issue in the suit was whether or not attorneys’ fees could be recovered under California’s anti-SLAPP statute because the “speech” involved took the form of court filings. Facts of […]Read More

When we introduced President Obama’s Supreme Court nominee, Chief Judge of the D.C. Circuit Merrick Garland, yesterday we described his judicial philosophy as “khaki.” We still think it’s a fitting descriptor. Judge Garland doesn’t have the biting tongue of Justice Scalia or the strong liberal perspective of Justice Ginsburg. But there are a few places […]Read More

We know, you’re a lawyer, not head of H.R. But we also know that bad human resource management can easily land companies in hot water. We see it every day. Instituting a few proactive H.R. policies can help you reduce your company’s risk of litigation or government enforcement actions. Here are seven human resource and […]Read More

Mark May 16, 2016, on your calendar. That’s the day that U.S. securities law will experience one of the biggest changes since the Securities Act of 1933. On May 16th, the S.E.C.’s “Regulation Crowdfunding” final rules go into effect, allowing everyday people to join investment bankers and venture capitalists to directly fund startup businesses. It’ll […]Read More

There is confusion in ex-President Goodluck Jonathan’s camp on how to refund the N3.1 billion allegedly shared by six Peoples Democratic Party (PDP) chiefs. The Economic and Financial Crimes Commission (EFCC) is battling to recover the cash. It was learnt that some of the beneficiaries ran to Jonathan but he insisted that he will not […]

It’s March Madness in Philly. Thanks to the biggest jump in New Orders since Oct 2005, Philly Fed surged to 15-month highs (jumping from -2.8 to +12.4) crushiung expectations of -1.5. Number of employees improved mopdestly but remains in contraction but “hope” soared to 5 month highs led by exuberant expectations for capex and average […]Read More

It was just over a year ago when we first observed a troubling development in the global currency funding arena: the global dollar funding shortage had come back after a 7 year hiatus, and “this time it was different.” The reason for this observations was predicated in the collapse of USD basis swaps. This is […]

Nikkei futures rallied post-Fed into the Japanese open (despite weakness in USDJPY) and then when trade data struck (and exposed the utter failure of competitive devaluation), everything went into freefall.  The Nikkei crashed 700 points and USDJPY plunged to its lowest since QQE2… …. which prompted us to summon the cartoon character at the head […]

Submitted by Nadia Prupis via TheAntiMedia.org, Dutch lawmakers have voted to ban weapons exports to Saudi Arabia over the kingdom’s violations of humanitarian law, making the Netherlands the first country in the European Union (EU) to follow through on a motion by the European Parliament in February. The landmark resolution, approved on Tuesday, asks the […]

While everyone knows about failed rollup Valeant’s equity troubles, which have sent its stock crashing to 5 year lows after the biggest one day drop in history earlier this week, a just as interesting development is taking place with its debt, which incidentally at $31 billion (and accumulated during the company’s relentless acquisition spree over […]

Following their apparently delusional belief in the “success” of Tuesday night’s violent protests, anti-Trump groups are plotting “Democracy Spring” threatening “drama in Washington” with the “largest civil disobedience action of the century.” The operation, backed by Soros-funded MoveOn.org among others, warns on its website that “We will demand that Congress listen to the People and […]Read More

Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. Since 1983, when Hong Kong adopted its currency board system, speculative bets against the Hong Kong dollar (HKD) have ended in the graveyard. Just ask Bill Ackerman. He bet the house in a 2011 attach on the HKD, and he […]