Terra Extraneus

"Commentary on the law and the practice of law by an attorney and a journalist/paralegal. Our legal interests lie especially in commercial litigation, with particular attention in insurance, securities and other investments, employment, environmental and intellectual property."

Author: Rodney J. Heggy is the director of Heggy & Associates in Oklahoma City and of counsel with Federman & Sherwood, which has offices in Oklahoma City and Dallas. Terry Hull is a paralegal for Federman & Sherwood in Oklahoma City.

Blawg Related Categories: Insurance Law • Securities Law • Trials & Litigation • Juries • 10th Circuit Court • States • Oklahoma • Paralegal • Solo / Small Firm

Recent Posts from Terra Extraneus

Collegiality – The Death of Tenure?
American society seems to have accepted that one can be “voted off the island.” But, should that be allowed in relation to government employment that is protected by due process rights? The purpose of hedging…
Should College Football Players at State Funded Universities Lose Their First Amendment Rights?
Texas Tech University football head coach Mike Leach “suspended indefinitely” an offensive lineman “for violating team rules.” In the copyrighted AP story published by the Daily Oklahoman, the unattributed AP story seemed to imply that…
FINRA Warnings: Shouldn’t There Be a Rule?
The September 24 ,2009 warning by FINRA about leveraged and inverse ETFs was a bit annoying. If FINRA has to warn about it, should not there be new suitability rulemaking to go with it aimed…
FINRA Dumbs Down Arbitration
Associated persons (a/k/a “financial advisors,” stockbrokers, etc.) should be wary of FINRA’s new Rule 13806 which provides for a single arbitrator in promissory note cases. While the single arbitrator may be fine for default cases,…
Is Securities Industry Arbitration Dying?
The new FINRA statistics are always fascinating. While filings are up for 2008, “82%” FINRA says, that is an 82% increase over the fourth lowest number of new case filings since 1994. The lowest since…
Financial Advisor or Manager?
In Colorado, at least, it might matter. In Dish Network v Altomari (Colo. Ct. App. June 25, 2009), the question was whether the employee that supervised some people, probably a sales staff, was in “management.”…
Email Insecurity
The case reported by Professor Ross Runkel issued by a New Jersey appellate court, Stengart v Loving Care Agency, held that privileged communication by the former employee with her attorney through her employer’s computer retained…
Business Heaven – A Stifled Legal System
The federal government is prosecuting far fewer fraudulent stock schemes than eight years ago, according to Eric Lichtblau of the San Diego Union Tribune, in December. Darla Mercado of Investment News reported today that the…
Who’s Minding the Store? You’ll Never Believe The Answer!
How did Bernie Madoff, the hands-down all-time winner of the title “world’s greatest thief,” get away for so many years with bilking so many investors out of so many billions of dollars? Madoff awaits sentencing…
Forfeitures – Will the Commercial Bank Broker Dealers Resort to Employee Fines?
The investment banks, the wirehouses, and the large broker-dealers, which have all but ceased to exist, had a love - hate relationship with “at will” employment law. Even the late and great Merrill Lynch, once…