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"Because this proposed settlement would clarify existing policy, we do not expect changes in cost relative to what has been projected".
For Donaldson, the JPMorgan settlement represents a missed opportunity to apply the Meriwether principle: "Notice that this proposed settlement sidesteps blaming specific individuals responsible for the alleged failure of 'institutional controls,' " he said.
"Under this proposed settlement, Medicare policy would be clarified so that claims from providers will be reimbursed consistently and appropriately, which is always our aim," Ms. Shields Britt said via e-mail.
"The serious questions that have been raised about the scope, enforceability and effectiveness of this proposed settlement," Mr. Leahy continued, "leave me concerned that, if approved in its current form, it may simply be an invitation for the next chapter of litigation".
The banks are happy with this proposed settlement's low cost to them.
If your Footlong isn't measuring up, this proposed settlement will give you plenty to chew on.
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"In view of the highly concentrated nature of this industry, the court has substantial questions whether approval of this term of the proposed settlement is in the public interest," Judge Kaplan said in his orders, which were dated Monday but filed yesterday.
"This court should reject the proposed settlement and encourage the parties to continue negotiations to comply with Rule 23 and the copyright and antitrust laws".
Gov. John G. Rowland is expected to announce the proposed settlement this morning, the newspaper reported.
"Absolutely nothing good has come of this," said City Solicitor Kenneth Trujillo, who is directing the proposed settlement.
The terms of the proposed settlement were reported in The Daily News this month.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com