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Corporate & Securities Law

: BusinessAssociationsBlog.com

Judicial Recusals Due to Stock Ownership

By Stephen Bainbridge

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My friend and colleague Eugene Volokh notes: The L.A. Times reports that the Exxon Valdez punitive damages case might yield a 4-4 division—with no precedent being set, and the lower court decision being affirmed—because “Justice Samuel A. Alito Jr. withdrew because he holds Exxon stock.” And indeed important cases have in the past yielded 4-4 deadlocks because one...

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Full post as published by BusinessAssociationsBlog.com on February 27, 2008 (boomark / email).

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