Ethics

Some of you may recall that a proposed settlement of a class action against TD Visa had included a provision that $14M be placed in a fund for distribution to the 16 Canadian common law law schools for teaching related to legal ethics and professional responsibility.  The judge declined to approve that aspect of the settlement, stating that there was an insufficient relationship between the matter of the suit and legal education, and also questioning the merits of setting up an independent administrative structure for the funds.  The plaintiffs' counsel has been asked to submit a revised proposal.  Meanwhile, cash strapped law deans (and day-dreaming p.r. professors) are crying into their beers.  Sigh.