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He prefers the German system, under which lawyers are paid a fixed litigation fee.
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The vitamin price-fixing litigation was a major problem for Roche last year.
However you feel about the litigation - whether you think the tax is due or not - it underscores the arbitrary and complex nature of our tax system and demonstrates why it needs to be fixed with simple and clear rules.
"Obama is taking executive actions that may produce a lot of litigation," said Joseph A. Califano Jr., who was a top adviser to President Lyndon Johnson when Medicare was passed, "because Republicans won't allow even simple things to be fixed".
The 133-page prospectus said that while Barclays could face litigation over Libor fixing, Atlas Mara Co-Nvest does not believe it will have "an adverse impact on the company or its ability to make the acquisition (or subsequent acquisitions) or on MrDiamond's ability to perform his role for the company".
With four of its executives pleading guilty to price-fixing charges today, Infineon will have a hard time arguing that it didn't fix prices in its ongoing litigation with Rambus.
The only thing that makes me nervous is the fact that both of these guys have been on the wrong side of stuff like price-fixing and antitrust litigation.
"These bills fix a broken process that produced extended and contentious litigation, poisoned feelings between the parties and harmed the interests of those persons — too often women — who did not have sufficient financial wherewithal to protect their legal rights.
Lastly, limit malpractice litigation.
Instead, we should fix the patent system so that it rewards invention over litigation.
Their clients include Barclays, which is now in the middle of an interest rate fixing scandal, and Microsoft, which has been the defendant in anti-trust litigation in the United States and in Europe.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com