Declarations – Southeast

Gone Fishing

“We might not get off here until Tuesday or Wednesday, which doesn’t hurt my feelings that much because the fishing’s going to be really good after this storm. It’s always good after a storm.”

–Warren Ellis, 44, of Amissville, Va., who was visiting Nags Head, N.C. as Hurricane Sandy got underway.

Funding

“Third-party investments in litigation represent a clear and present danger to the impartial and efficient administration of civil justice in the United States.”

–The U.S. Chamber of Commerce Institute for Legal Reform in a report urging regulation of litigation funding by the U.S. Federal Trade Commission.

Irony

“The irony to me is, since when is business advocating for regulation? You just have to laugh.”

–Ralph Sutton, chief investment officer of Bentham Capital, the New York-based arm of IMF (Australia) Ltd, a publicly-traded litigation funder in Australia.

Integrity

“An effective compliance system cannot be achieved without an adequate number of independent, highly trained professionals. To ensure that all necessary safeguards are in place, I urge you to use greater caution with future modifications affecting internal investigations, audits and compliance.”

–Florida Gov. Rick Scott criticizing Citizens Property Insurance for closing its Office of Corporate Integrity.