Senate Judiciary Committee To
Examine
Supreme Court Decisions On Corporate Misconduct
WASHINGTON (Tuesday, July 15,
2008) – Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.)
today announced a Committee hearing scheduled for July 23 to
look at how recent decisions by the Supreme Court have shielded
corporations engaged in misconduct. The hearing follows an
examination by the Senate panel last month of how the Supreme
Court’s recently concluded term favored big business over
protecting the rights of individuals relating to health care,
retirement, financial services and employment issues.
Recent Supreme Court decisions,
including last month’s decision in
Exxon Shipping Co. v. Baker,
have highlighted a shift on the Court shielding corporations
from accountability for their actions. Such decisions have
hindered the rights of Americans to receive damages for harm
done at the hands of large corporations. The decisions have not
only allowed some corporations to evade justice but have
provided pro-business shields to some of the nation’s largest
corporations, thereby stripping meaningful incentives for good
business practices in all corporations.
In June, the Judiciary panel
examined recent Supreme Court decisions that have preempted
several state laws established to protect Americans, including
laws to shield Americans from illegal hiring practices, medical
liability, and predatory lending practices. The July 23 hearing
is expected to feature a witness who will testify about the
lasting effects of the 1989 Exxon Valdez oil spill off the coast
of Alaska on the livelihoods of hundreds of fishermen and
sailors, as well as witnesses who will testify about how the
January Supreme Court ruling in
Stoneridge Investment Partners,
LLC v. Scientific-Atlanta, Inc. impacts senior
citizens, and the widespread effects of Supreme Court rulings in
the area of binding mandatory arbitration.
The hearing, “Courting Big
Business: The Supreme Court’s Recent Decisions on Corporate
Misconduct and Laws Regulating Corporations,” will be held
Wednesday, July 23, at 10:00 a.m. in room 226 of the Dirksen
Senate Office Building. The hearing will be webcast live
online.
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July 15, 2008
NOTICE OF COMMITTEE HEARING
The Senate Committee on the
Judiciary has scheduled a hearing on
“Courting Big Business: The
Supreme Court’s Recent Decisions on Corporate Misconduct and
Laws Regulating Corporations” for Wednesday, July 23,
2008 at 10:00 a.m. in Room 226 of the Senate Dirksen Office
Building.
By order of the Chairman
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