Lawrence E. Mitchell, Corporate Irresponsibility–America’s Newest Export

Why is corporate irresponsibility “America’s newest export?” Of the world’s 100 largest multinational corporations, forty-seven are headquartered within the European Union. Forty-six are headquartered in the United States. Is Professor Mitchell telling us that the Anglo-Dutch Unilever is more responsible than, say, Procter & Gamble? Is Total-Fina, the French petroleum giant, more responsible than Chevron-Texaco or Exxon-Mobil? After all, it is Total, and not the U.S.-based Unocal, that is the operator of the Myanmar pipeline with which Mitchell opens his book, as an example of corporate irresponsibility. International human rights organizations are suing on behalf of Myanmar citizens brutalized when Total and Unocal used the Burmese army as a subcontractor to provide security on the pipeline project

Securities Litigation in State Courts—Something Old, Something New, Something Borrowed

Using an old marital saying to title this Article may mislead. In particular, owing to federal legislative attempts to preempt state securities law actions, all may not be, or remain, bliss in the state courts