The recent decision in the U.S. Federal Court of Claims by Judge Thomas Wheeler is the latest, but by no means last, decision on the highly contentious claims that Starr International has brought against the Federal Reserve Bank of New York (FRBNY), charging the FRBNY with conducting an illegal bailout of AIG in September 2008. The decision […]
The Obama administration’s single achievement in foreign affairs policy is its wholesale retreat from American exceptionalism. We no longer believe in Pax Americana, rather, we spend more time confessing our sins, and less using our strength.
Max Raskin, a rising third year student at the New York University School of Law, discusses the future of bitcoin and civil procedure in his recent article in the Fordham Journal of Corporate and Financial Law. The abstract of this article is below; the full article is available on SSRN. Bitcoin is a private currency […]
It doesn’t take a weatherman to tell which way public opinion blows. The huge uptick of support for same-sex marriage has been described as swift and broad, to which we can add, in all likelihood, lasting. In my view, every time the defenders of the traditional view of marriage speak in public on behalf of a ban, […]
Ten years ago, on June 23, 2005, the United States Supreme Court dropped a judicial thunderbolt in Kelo v. City of New London. By a narrow five-to-four margin it rejected a spirited challenge that Susette Kelo and her neighboring landowners had raised against the ambitious land-use development plan put forward by the City of New London, […]
The Trans-Pacific Partnership, which is designed to reduce various trade barriers between the United States and eleven Pacific Rim nations, hangs by a thread in the United States Congress. The immediate question is not the ratification of any future treaty. Rather, it is over whether the President should receive “fast-track” authority to negotiate a treaty […]
Some of the largest legal battles that make their way to the Supreme Court turn on a single word. That is surely true of the recent case of Zivotofsky v. Kerry, where the Court had to decide whether Menachem Zivotofsky’s parents could insist that their son’s American passport list “Jerusalem, Israel,” as his place of […]
Of course political self-interest and special interest lobbying lead to a host of lousy regulations. Read the full op-ed on U.S. News and World Report.
Late this past May, Thomas and Ida Saxton brought suit against the Federal Housing Finance Agency (FHFA) in the Northern District of Iowa, and thus opened up a new front in the long-running litigation over the federal takeover of Fannie Mae and Freddie Mac, two Government Sponsored Enterprises, or GSEs, that had hybrid private and public […]
During the many officiating problems of the 2010 World Cup, Blatter said that “uncertainty and subjectivity boost the sport.” They actually do the exact opposite. Here are some of the most serious problems with soccer: First, soccer is an under-officiated game. A soccer field is larger than an American football field, yet on the field […]