Awakening Monster: The Alien Tort Statute of 1789 by Hufbauer, Gary Clyde

Awakening Monster: The Alien Tort Statute of 1789 (Paperback) (ISBN-13: 9780881323665)

Vendor: Gary Clyde Hufbauer
Product type: Books
Format: Paperback
$20.00
$20.00
$20.00
Subtotal: $20.00
Awakening Monster: The Alien Tort Statute of 1789 by Hufbauer, Gary Clyde

Awakening Monster: The Alien Tort Statute of 1789

$20.00
Awakening Monster: The Alien Tort Statute of 1789 by Hufbauer, Gary Clyde

Awakening Monster: The Alien Tort Statute of 1789

$20.00
Format: Paperback
Description
Description
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Within the next decade, 100,000 class action Chinese plaintiffs, organized by New York trial lawyers, could sue General Motors, Toyota, General Electric, Mitsubishi, and a host of other blue-chip corporations in a US federal court for abetting China's denial of political rights, for observing China's restrictions on trade unions, and for impairing the Chinese environment. These plaintiffs might claim actual damages of $6 billion and punitive damages of $20 billion. Similar blockbuster cases are already working their way through federal and state court systems.

This nightmare scenario could become a reality because of a little-known, one-sentence law enacted in 1789--the Alien Tort Statute (ATS): "The district courts shall have original jurisdiction of any civil action by an alien for a tort only, committed in violation of the law of nations or a treaty of the United States." In this policy analysis, Gary Clyde Hufbauer and Nicholas K. Mitrokostas examine the chilling impact the ATS could have on trade and foreign direct investment. They trace its history from the original intent to recent court interpretations, including a look at class action suits over asbestos and apartheid. They provide an economic picture of the potential scope of ATS litigation, cite the possible collateral damage, and review the impact that ATS rulings could have on global relations. The authors recommend measures Congress should take to limit expansive court interpretations. The study is a must-read for policymakers, international lawyers, and students.

Author: Gary Clyde Hufbauer,Nicholas Mitrokostas
ISBN-10: 0881323667
ISBN-13: 9780881323665
Publisher: Peterson Institute for International Economic
Language: English
Published: 07/15/2003
Pages: 104
Format: Paperback
Weight: 0.34lbs
Size: 9.14h x 6.04w x 0.22d
By Gary Clyde Hufbauer
By Gary Clyde Hufbauer
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Gary Clyde Hufbauer, Reginald Jones Senior Fellow since 1992, was formerly the Maurice Greenberg Chair and Director of Studies at the Council on Foreign Relations (1996-98), the Marcus Wallenberg Professor of International Finance Diplomacy at Georgetown University (1985-92), senior fellow at the Institute (1981-85), deputy director of the International Law Institute at Georgetown University (1979-81); deputy assistant secretary for international trade and investment policy of the US Treasury (1977-79); and director of the international tax staff at the Treasury (1974-76).

Nicholas K. Mitrokostas received his JD, magna cum laude, from Georgetown University Law Center in May 2003 and his AB, magna cum laude in government, from Harvard College. While at Georgetown, he served as editor-in-chief of Law & Policy in International Business, was a global law scholar, and was elected to the Order of the Coif.

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