| Free Legislative Webinar RE: Net Worth (SB735), 8/24/15 | August 24, Noon: TTLA President Byran O. Blevins will discuss the changes to discovery of net worth of a party passed last session (1-hr CLE). Learn the impetus behind the bill and the story of the negotiations leading to the enacted version. Before the bill's effective date of September 1, 2015, He will take you through the legislative history of the bill â?? from an outright ban on discovery of net worth to a new discovery procedure - and share with you strategies for how to comply with this new area of discovery practice. Click on the headline to register.
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| Free Legislative Webinar RE: Forum Non Conveniens (HB 1692), 8/25/15 | August 25, Noon: Join TTLA's Vice President for Communications Laura Tamez for a webinar (1-hr CLE) on the changes to the Forum Non Conveniens statute, Chapter 71 CPRC. Laura will discuss the In Re Ford case, which led to the filing of the bill and the negotiations which crafted the final language passed into law. Laura will discuss the changes to the safe harbor aspect of the statute and the changes to the definitions in the statute - the elimination of the definition of "legal resident" and the changes to the definition of "plaintiff." The changes to this statute are effective now, so if you have a case with FNC implications, you need to listen to this webinar. Click on the headline to register.
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Texas Tribune Daily Brief
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| Want a Teenager Driving a 40-Ton Truck Through Your State? |  | Drivers as young as 18 years old could be allowed to drive 80,000-pound trucks between states if Congress goes along with a proposal backed by the U.S. trucking industry that safety advocates say would be a disaster. The plan, part of highway legislation that's before the Senate, would greatly increase the number of teenagers behind the wheel of big rigs.
Jeff Plungis, Bloomberg 07/27/2015    | | Read Article: Bloomberg |
| OSHA Chief: Accidents Reflect Lax Safety Culture in Texas | | Federal regulators have slapped three construction firms with nearly $800,000 in total penalties, saying the companies "put workers in tremendous danger" in Houston-area accidents that highlighted a lax safety culture that extends across Texas. "More construction workers in Texas die on the job than in any other state," David Michaels, who heads the Occupational Safety and Health Administration (OSHA), told reporters Wednesday. "Workers are not being given adequate protection."
Jim Malewitz, Texas Tribune 07/27/2015 | | Read Article: Texas Tribune |
| Santa Fe Judge lets $165M Verdict Against FedEx Stand | | The FedEx shipping company's motion for a new trial in a wrongful death suit that resulted in the New Mexico's largest-ever jury award was rejected here Wednesday by a Santa Fe judge, who also declined to reduce the jury's $165 million judgment. A corporate spokesman for FedEx said later that the company, which was sued over a southern New Mexico crash involving a FedEx truck in which a mother and daughter were killed in 2011, will take the case to the state Court of Appeals.
Mark Oswald, Albuquerque Journal 07/27/2015 | | Read Article: Albuquerque Journal |
| Fiat Chrysler Gets Record $105 Million Fine for Safety Issues | | Federal regulators on Sunday levied a record penalty of $105 million against Fiat Chrysler Automobiles for failing to complete 23 safety recalls covering more than 11 million vehicles. The civil penalty is the largest ever imposed by the National Highway Traffic Safety Administration on an automaker for recall violations, surpassing the $70 million fine imposed last year on Honda for faulty airbags. It also represents an escalation of the agencyâ??s efforts to investigate and punish automakers that do not adequately recall and fix defective models.
BILL VLASIC, The New York Times 07/27/2015 | | Read Article: The New York Times |
| 22 Banks Face Treasury Manipulation Lawsuit | | A class-action lawsuit has been filed against twenty-two financial companies over the alleged manipulation of Treasury auctions. The lawsuit is the first-ever nationwide class-action lawsuit alleging a manipulation of the Treasury which harmed both investors and borrowers. The lawsuit alleges that the defendants illegally attempted to profit on the sale of Treasury bills. Among those named in the lawsuit are Bank of America Corp's Merrill Lynch unit, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase & Co and UBS Group AG.
Jonathan Stemple, Reuters 07/23/2015 | | Read Article: Reuters |
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