Program Description: The Food and Drug Administration proposed a rule in early November 2013 that could increase generic drug manufacturers’ exposure to civil liability. In 2011, the United States Supreme Court concluded that it was impossible for generic drug manufacturers to change their labels, thus preempting state law failure-to-warn claims. The proposed rule would change this … Continue reading “The FDA’s Proposed Rule for Generic Drug Liability”

Agenda Government Surveillance and Internet Search Behavior Catherine E. Tucker, Mark Hyman, Jr. Career Development Professor and Associate Professor of Marketing, Sloan School of Management, Massachusetts Institute of Technology Alex Marthews, Interim National Coordinator, Restore the Fourth and President, Digital Fourth   Other People’s Papers Jane Y. Bambauer, Associate Professor of Law, James E. Rogers … Continue reading “LEC Research Roundtable on the Future of Privacy & Data Security Regulation”

Program Description:  The goal of the Workshop for Law Professors on Public Choice Economics is to introduce law professors to the concepts of public choice and positive political economy and how to use those concepts in their research and teaching.  The workshop will be designed to be conceptual rather than technical and will be aimed … Continue reading “LEC Workshop for Law Professors on Public Choice Economics”

Week One of the Economics Institute for Judges addressed fundamental issues that often are at the heart of legal disputes. Over a full week of intensive classroom lectures and discussions, judges were given a solid grounding in economics, finance, and statistics.  The practical relevance of these disciplines was emphasized through the analysis of numerous cases. Agenda

Program Description: The Law & Economics Center through LEC Initiative for Energy and the Environment hosted a public policy conference on “Old Fuels, New Technologies, and Market Dynamics,” which examined the dynamics between environmental issues and the energy market. Panels addressed clean coal technology, carbon sequestration, the future direction of the oil and gas industry, and … Continue reading “Public Policy Conference on Energy and the Environment: Old Fuels, New Technologies, and Market Dynamics”

Program Description: The introduction of “liberal discovery” into the Federal Rules of Civil Procedure (FRCP) was an important conceptual innovation; requiring parties to reveal relevant information should improve the speed and accuracy of dispute resolution. However, rather than promote the “just, speedy, and inexpensive determination of every action and proceeding,” as Rule 1 of the FRCP … Continue reading “Economic Efficiency, Civil Litigation, & Discovery Reform”

Program Description: Nearly twenty years ago, Congress created a statutory framework for asbestos bankruptcy trusts to shield manufacturers from additional tort liability and provide a fund for new claims. Today, questions and criticism regarding the transparency surrounding claims and controversial duplicate payments have led to calls for reform; responses include the Furthering Asbestos Claim Transparency Act … Continue reading “Asbestos Litigation”

The Judicial Symposium on the Economics and Law of Public Pension Reform discussed the looming financial and structural crisis facing state pensions systems across the nation.  With several dozen states adopting modest to major reforms, the economic impact on plan beneficiaries will be substantial, and at least twenty-five jurisdictions are facing lawsuits due to the … Continue reading “Judicial Symposium on the Economics and Law of Public Pension Reform”

Program Description: This two and a half day program will address the many aspects of financial services regulation and litigation, with a particular focus on issues of interest to states. The conference will begin each day with foundational lectures on the economics of financial regulation, followed by specific panels on mortgage servicing rules post settlement, payday … Continue reading “Fourth Annual Public Policy Institute, “Financial Services Regulation””