This article discusses the past, present, and possible future of lottery playing in the U.S. in the legal context. After the introduction in Part I, Part II examines the history and development of lottery playing in the U.S. Part III discusses the development of lottery playing in the U.S. and...

Securities brokers and corporate officers in the Unites States now run more serious risks of liability to investors whom they tip. The Supreme Court decision in Bateman Eichler, Hill Richards, Inc. v. Berner will sharply curtail successful use of the in pari delicto defense, which in the past...

Newspaper reporters and those to whom they disclose unpublished information forthcoming in future newspaper columns are subject to criminal liability, in appropriate circumstances, under United States securities laws, because of the United States Supreme Court decision in Carpenter v. United...

Product liability may be classified under three basic systems. First, and by far the most favorable to users of products, is strict liability, which imposes liability on manufacturers based strictly on any defects in their products, regardless of the presence or absence of fault on their part....

A suit to impose liability on United Kingdom issuers of securities on the London Stock Exchange was brought in the United States. This suit, seeking the extension of United States Federal Securities Laws to protect persons who purchased stock available only on the London Stock Exchange, was...

In Republic of Argentina v. Weltover the United States Supreme Court granted unprecedented access to U.S. courts for persons seeking to file suit against a sovereign state. In particular, the Court held that the commercial activity exception under the Foreign Sovereign Immunities Act of 1976...