Rights Case Gone Wrong: A Ruling Imperils Firms And U.S. Diplomacy
By Curtis A. Bradley and Jack L. Goldsmith:
As American taxpayers shell out hundreds of billions of dollars to bail out U.S. companies, a federal court in New York recently paved the way for significantly increasing some of these firms' financial burdens. Relying on the Alien Tort Statute of 1789, the court ruled this month that certain companies that did business with apartheid South Africa -- including distressed firms such as General Motors and Ford -- can be held liable for South Africa's human rights violations during that period... more...