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Financial Times – Habeas corporation

Date: Mar 16, 2010

Asked why he robbed banks, Willie Sutton famously explained: “Because that’s where the money is.” American attorneys working on a contingency basis have long embraced similar logic when suing corporations on their clients’ behalf. But even in the hyperlitigious US, companies are able to defend themselves against frivolous claims. That is not always the case in the developing world, which is why multinationals are cheering a recent US legal ruling.

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