Comments on: January 15 roundup

By: February 1 roundup

February 1 roundup — Sat, 18 Apr 2009 12:52:37 +0000

[…] Posner was scathing about the class action lawyers’ conflicts of interest in the Mirfasihi v. Fleet Mortgage Co. case, but Max Kennerly thinks the judge got the case wrong [Litigation and Trial, earlier] […]

By: philG

philG — Thu, 15 Jan 2009 21:22:09 +0000

According to that article on the Federal pool drain law, there were an average of less than 2 deaths a year caused by pool suction entrapment between 1985 and 2004 (a total of 33 in 20 years) and about 5 injuries per year. So that is about as close to zero deaths per year as you can get. There is virtually nothing you could think of that causes as little as 2 deaths per year nationally. So the economic cost to save each life under this law should be astronomical considering the very high total costs involved with complying with the law. So it makes no economic sense at all for most of us except for the personal injury lawyers who would say “there is no limit to what should be spent to save a single life”

By: Joe

Joe — Thu, 15 Jan 2009 15:31:15 +0000

There will never be peace between opposing sides of class action attorneys because of the dollar amounts involved on both sides.