Serving Legal Papers Via Facebook & Twitter

April 1 (Bloomberg) -- Social media has changed how we communicate; will it change how we litigate? At least one lone star state politician thinks plaintiffs should be allowed to complete service of process via Twitter or Facebook. State Representative Jeff Leach has introduced a bill that would allow Texas courts to approve substituted service via social media, if the court finds that the "defendant could reasonably be expected to receive actual notice." The court would need confirmation that the account is authentic, and that the defendant regularly uses it. While the service of process via social media would be new terrain, it could be the continuation of a trend. Last month, after establishing that five India-based defendants had knowledge that they were being sued, the Southern District of New York allowed the Federal Trade Commission to serve documents through Facebook. (Source: Bloomberg)
PBOC to Lower Rates, Has Room to Cut Reserve Ratio: Fan
19:27 - March 5 -- Fan Cheuk Wan, the chief investment officer for Asia Pacific at Credit Suisse Group AG's private banking and wealth management unit, talks about China's economy, government and central bank policies. China set the lowest economic growth target in more than 15 years and flagged increasing headwinds as leaders tackle the side effects of a generation-long expansion that spurred corruption, fueled debt and hurt the environment. Fan speaks with Rishaad Salamat and Angie Lau on Bloomberg Television's "Asia Edge."
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