Wednesday, September 10, 2008

Bankruptcy court records

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OLYMPIA -- A top Democratic state lawmaker asked the state Supreme Court on Tuesday to throw out voter-approved laws requiring a two-thirds vote of the Legislature to raise taxes.
Attorney Thomas Ahearne, representing Senate Majority Leader Lisa Brown, D-Spokane, told the high court that Washington's 'supermajority' tax-vote rule is unconstitutional because it effectively alters the state constitution's provision that lawmakers need a simple majority to pass laws.
The supermajority law was passed by initiative, but Brown argues that a constitutional amendment -- much more difficult to pass -- is needed to alter the Legislature's voting powers.
'Our constitution establishes our democracy, which is one where majority rules, not special interests or minority rule,' he told the nine justices.
But the high court peppered Ahearne with questions about why the case was before them in the first place, and whether the Legislature's majority Democrats had avoided using other options before coming to the courts



TRENTON, New Jersey: Pharmaceutical company Merck Co. said Tuesday it is considering challenging a federal appeals court s reinstatement of a dismissed shareholders lawsuit over its former blockbuster painkillerVioxx.
A three-judge panel from the 3rd Circuit Court of Appeals earlier Tuesday voted 2-1 to reinstate a class-action securities lawsuit that had been dismissed in April 2007 by U.S. District Judge Stanley R. Chesler in Newark, NewJersey.
'I m very pleased and excited,' said Richard Weiss, a partner at Milberg LLP, one of four firms appointed by the district court to handle the plaintiffs case




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