Author Archives: Paul Barrett

The lawyer of Ecuadorean people affected by Texaco-Chevron --who have long sought compensation for pollution between the 1970s and early 1990s-- Steven Donziger, gestures during a press conference on March 19, 2014 in Quito. Earlier this month, a US judge upheld Chevron's allegations that an Ecuadoran court decision ordering it to pay $9.5 billion for oil pollution in the Amazon jungle was fraudulently obtained. Donziger announced they will appeal against this decision. AFP PHOTO / RODRIGO BUENDIA  / Getty Images

Supreme Court May Weigh Big Weapon for U.S. Companies Sued Abroad

Supreme Court May Weigh Big Weapon for U.S. Companies Sued Abroad

By Paul Barrett, Bloomberg Businessweek Can U.S. companies use the federal racketeering law to fend off costly foreign court judgments? For Chevron Corp., the answer was yes — and that saved the oil and gas giant $9.5 billion. Now the Supreme Court will decide whether to hear an appeal by Chevron antagonists, who argue that

Kyle Bass, chief investment officer of Hayman Capital Management LP, speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, Jan. 25, 2017. Photographer: Kholood Eid/Bloomberg

How Patent Trolls Sparked a Failed Assault on High Drug Prices

By Paul Barrett, Bloomberg Businessweek  Hedge fund manager Kyle Bass appears to be wrapping up a generally unsuccessful patent-law assault on drug manufacturers. “In the end, lobbying and special interests pay,” Bass told Bloomberg in a defeatist-sounding email. “Medicare and U.S. consumers pay the ultimate price for the evergreening of bad patents by the pharma

Photographer: Olivier Douliery/Pool via Bloomberg

Donald Trump’s Favorite Law Firm

By Paul Barrett, Bloomberg Businessweek When prominent lawyers take top jobs at the White House or the U.S. Department of Justice, they often bring along several attorneys from their firms. With the Trump administration, one firm—Jones Day — is taking that to an extreme. “I don’t know of a precedent,” says Theodore Olson, a solicitor

Donald McGahn, White House counsel. Photo by Albin Lohr-Jones/ Pool via Bloomberg

Trump Needs a Strong Lawyer

In less than a month, the Trump White House already has spawned a litany of ethics and legal controversies: potential conflicts of interest created by the president retaining ownership of his businesses, court challenges to his executive order on immigration, and the ouster of National Security Adviser Michael Flynn, to name just a few. All