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The Docket: 10/06

By Mark Obbie

If you have come across any examples of compelling legal journalism lately, please send them to rsmascarenhas [at] gmail [dot] com. Not that this week's edition is wanting: we have soured financial deals, immigration snafus, and mackerel dollars. Over at The American Lawyer, Andrew Longstreth has compiled a good summary of the Citibank-Wachovia dispute, with obsessive linkage to court documents and story updates. Keep an eye on this case; more than one observer has noted that it could end up being the new Pennzoil vs. Texaco (as if we haven't had enough bankruptcies). The Washington Post exposes some of the failings of Virgina's illegal immigrant detention program, as a "broken system" -- to use one judge's words -- struggles to keep up with the numbers. The story performs a great public service, but it's also a dramatic read, stitched together by interviews with lawyers, judges, and immigrants. And finally, every economist knows that bad money chases out good money, but what would mackerels do? The Wall Street Journal reports that the fish has become the currency of choice in prisons, ever since cigarette packets were banned in 2004. Hilarious, but unexpectedly thought-provoking as well. -- Rohan Mascarenhas

Full post as published by Lawbeat on October 06, 2008 (boomark / email).